Monday's ETF with Unusual Volume: PSK
The SPDR Wells Fargo Preferred Stock ETF ( PSK ) is seeing unusually high volume in afternoon trading Monday, with over 259,000 shares traded versus three month average volume of about 101,000. Shares of PSK were up about 0.1% on the day.
Components of that ETF with the highest volume on Monday were JP Morgan Chase Preferred ( JPM.PRC ), trading up about 0.1% with over 273,000 shares changing hands so far this session, and Bank of America Preferred ( BAC.PRK ), up about 0.3% on volume of over 89,000 shares. Allstate Preferred( ALL.PRA ) is the component faring the best Monday, higher by about 0.8% on the day, while AT&T Global Notes Due 2067 ( TBC ) is lagging other components of the SPDR Wells Fargo Preferred Stock ETF, trading lower by about 1%.
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