Monday's ETF with Unusual Volume: IYY
By: BNK Invest
Posted: 7/7/2014 2:28:00 PM
Referenced Stocks: IYY;BAC;AAPL;CRUS;ARNA
The iShares Dow Jones U.S. ETF ( IYY ) is seeing unusually high volume in afternoon trading Monday, with over 158,000 shares traded versus three month average volume of about 31,000. Shares of IYY were off about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Bank of America ( BAC ), trading down about 1.1% with over 30.2 million shares changing hands so far this session, and Apple ( AAPL ), up about 1% on volume of over 29.7 million shares. Cirrus Logic ( CRUS ) is the component faring the best Monday, up by about 5% on the day, while Arena Pharmaceuticals ( ARNA ) is lagging other components of the iShares Dow Jones U.S. ETF, trading lower by about 8.9%.