The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Wednesday, with over 282,000 shares traded versus three month average volume of about 27,000. Shares of RCD were up about 1.2% on the day.
Components of that ETF with the highest volume on Wednesday were Carnival, trading up about 3.4% with over 18.3 million shares changing hands so far this session, and Ford Motor, up about 0.6% on volume of over 14.8 million shares. Tapestry is the component faring the best Wednesday, up by about 8% on the day, while Borgwarner is lagging other components of the Invesco S&P 500— Equal Weight Consumer Discretionary ETF, trading lower by about 3.5%.
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