The iShares MSCI USA Momentum Factor ETF ( MTUM ) is seeing unusually high volume in afternoon trading Wednesday, with over 77,000 shares traded versus three month average volume of about 27,000. Shares of MTUM were off about 0.1% on the day.
Components of that ETF with the highest volume on Wednesday were Facebook ( FB ), trading up about 1.6% with over 24.1 million shares changing hands so far this session, and Yahoo! ( YHOO ), up about 3.2% on volume of over 20.3 million shares. Humana ( HUM ) is lagging other components of the iShares MSCI USA Momentum Factor ETF Wednesday, trading lower by about 5.9%.