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Wednesday's ETF with Unusual Volume: PSK (7/17, 1:15 PM ET) -- The SPDR Wells Fargo Preferred Stock ETF (PSK) is seeing unusually high volume in afternoon trading Wednesday, with over 769,000 shares traded versus three month average volume of about 157,000. Shares of PSK were up about 0.2% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America Depositary Shares (BAC.PRB), trading up about 0.2% with over 203,000 shares changing hands so far this session, and Wells Fargo & Depositary Shares (WFC.PRQ), trading flat on volume of over 136,000 shares. Hartford Financial Services Group (HIG.PRG) is the component faring the best Wednesday, up by about 1.5% on the day, while Wells Fargo Cumulative Perpetual (WFE.PRA) is lagging other components of the SPDR Wells Fargo Preferred Stock ETF, trading lower by about 0.6%.
For MarketNewsVideo.com, I'm Sayoko Murase. |