Friday's ETF with Unusual Volume: MGK
By: BNK Invest
Posted: 5/9/2014 4:24:00 PM
Referenced Stocks: MGK;FB;GPS;TWTR;CBS.A
The Vanguard Mega Cap Growth ETF ( MGK ) is seeing unusually high volume in afternoon trading Friday, with over 435,000 shares traded versus three month average volume of about 78,000. Shares of MGK were up about 0.3% on the day.
Components of that ETF with the highest volume on Friday were Facebook ( FB ), trading up about 0.8% with over 34.6 million shares changing hands so far this session, and Twitter ( TWTR ), up about 3% on volume of over 19.3 million shares. Gap ( GPS ) is the component faring the best Friday, up by about 3.8% on the day, while CBS ( CBS.A ) is lagging other components of the Vanguard Mega Cap Growth ETF, trading lower by about 2.9%.