Wednesday's ETF with Unusual Volume: IWX
By: BNK Invest
Posted: 4/30/2014 2:01:00 PM
Referenced Stocks: IWX;BAC;WLP;TWTR
The iShares Russell Top 200 Value ETF ( IWX ) is seeing unusually high volume in afternoon trading Wednesday, with over 1.2 million shares traded versus three month average volume of about 41,000. Shares of IWX were trading flat on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America ( BAC ), trading down about 0.5% with over 34.4 million shares changing hands so far this session, and Twitter ( TWTR ), down about 10.5% on volume of over 28.6 million shares. Wellpoint ( WLP ) is the component faring the best Wednesday, higher by about 5.2% on the day.