Markets

Monday's ETF with Unusual Volume: PBS

The PowerShares Dynamic Media Portfolio ETF ( PBS ) is seeing unusually high volume in afternoon trading Monday, with over 422,000 shares traded versus three month average volume of about 43,000. Shares of PBS were up about 0.2% on the day.

Components of that ETF with the highest volume on Monday were Sirius XM Holdings ( SIRI ), trading down about 0.6% with over 16.0 million shares changing hands so far this session, and Facebook ( FB ), off about 0.3% on volume of over 10.0 million shares. AMC Networks ( AMCX ) is the component faring the best Monday, higher by about 3.1% on the day, while Grubhub ( GRUB ) is lagging other components of the PowerShares Dynamic Media Portfolio ETF, trading lower by about 2.9%.

VIDEO: Monday's ETF with Unusual Volume: PBS

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


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

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