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Wednesday's ETF with Unusual Volume: PSK


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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%.

Wednesday's ETF with Unusual Volume: PSK VIDEO: Wednesday's ETF with Unusual Volume: PSK

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Stocks , ETFs



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