The iShares U.S. Telecommunications ETF ( IYZ ) is seeing unusually high volume in afternoon trading Thursday, with over 1.7 million shares traded versus three month average volume of about 344,000. Shares of IYZ were up about 1.6% on the day.
Components of that ETF with the highest volume on Thursday were Windstream Holdings ( WIN ), trading up about 2.2% with over 10.9 million shares changing hands so far this session, and Sprint ( S ), up about 1.5% on volume of over 9.5 million shares. Telephone & Data System ( TDS ) is the component faring the best Thursday, up by about 4.8% on the day, while Globalstar ( GSAT ) is lagging other components of the iShares U.S. Telecommunications 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.
