The PowerShares S&P 500 Downside Hedged Portfolio ETF ( PHDG ) is seeing unusually high volume in afternoon trading Thursday, with over 590,000 shares traded versus three month average volume of about 146,000. Shares of PHDG were up about 0.1% on the day.
Components of that ETF with the highest volume on Thursday were Alcoa ( AA ), trading down about 4.8% with over 25.0 million shares changing hands so far this session, and Altera ( ALTR ), down about 1.9% on volume of over 15.7 million shares. Express Scripts Holding ( ESRX ) is the component faring the best Thursday, up by about 5.1% on the day.
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.
