Credit: Shutterstock photoThe PowerShares DWA Consumer Staples Momentum Portfolio ETF ( PSL ) is seeing unusually high volume in afternoon trading Monday, with over 118,000 shares traded versus three month average volume of about 32,000. Shares of PSL were up about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Altria Group ( MO ), trading up about 0.6% with over 1.2 million shares changing hands so far this session, and Kroger ( KR ), up about 0.5% on volume of over 509,000 shares. DR Pepper Snapple Group ( DPS ) is the component faring the best Monday, higher by about 1.5% on the day, while Constellation Brands ( STZ ) is lagging other components of the PowerShares DWA Consumer Staples Momentum Portfolio ETF, trading lower by about 0.9%.
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.
