The iShares U.S. Consumer Goods ETF ( IYK ) is seeing unusually high volume in afternoon trading Wednesday, with over 318,000 shares traded versus three month average volume of about 40,000. Shares of IYK were down about 0.2% on the day.
Components of that ETF with the highest volume on Wednesday were Ford Motor ( F ), trading down about 0.6% with over 13.1 million shares changing hands so far this session, and Tesla ( TSLA ), up about 0.6% on volume of over 6.1 million shares. Electronic Arts ( EA ) is the component faring the best Wednesday, higher by about 3.4% on the day, while PulteGroup ( PHM ) is lagging other components of the iShares U.S. Consumer Goods ETF, trading lower by about 5.7%.
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.
