The PowerShares DWA Technology Momentum Portfolio ETF ( PTF ) is seeing unusually high volume in afternoon trading Monday, with over 534,000 shares traded versus three month average volume of about 32,000. Shares of PTF were up about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Facebook ( FB ), trading down about 0.8% with over 12.6 million shares changing hands so far this session, and Cognizant Tech Solutions ( CTSH ), off about 1.2% on volume of over 1.6 million shares. Cirrus Logic ( CRUS ) is the component faring the best Monday, up by about 3% on the day, while CDW ( CDW ) is lagging other components of the PowerShares DWA Technology Momentum Portfolio ETF, trading lower by about 1.9%.
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