Markets

Monday's ETF with Unusual Volume: PPA

The PowerShares Aerospace & Defense Portfolio ETF ( PPA ) is seeing unusually high volume in afternoon trading Monday, with over 319,000 shares traded versus three month average volume of about 40,000. Shares of PPA were up about 1.2% on the day.

Components of that ETF with the highest volume on Monday were Boeing ( BA ), trading up about 1.2% with over 1.6 million shares changing hands so far this session, and Textron ( TXT ), up about 2.6% on volume of over 1.4 million shares. Taser International ( TASR ) is the component faring the best Monday, up by about 5.9% on the day, while Intelsat ( I ) is lagging other components of the PowerShares Aerospace & Defense Portfolio ETF, trading lower by about 0.7%.

VIDEO: Monday's ETF with Unusual Volume: PPA

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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