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Wednesday's ETF with Unusual Volume: PHO

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Shutterstock photo

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The PowerShares Water Resources Portfolio ETF ( PHO ) is seeing unusually high volume in afternoon trading Wednesday, with over 333,000 shares traded versus three month average volume of about 58,000. Shares of PHO were up about 1.6% on the day.

Components of that ETF with the highest volume on Wednesday were Xylem ( XYL ), trading trading flat with over 2 shares changing hands so far this session, and Xylem ( XYL ), trading flat on volume of over 2 shares. Energy Recovery ( ERII ) is the component faring the best Wednesday, higher by about 5.8% on the day, while Global Water Resources ( GWRS ) is lagging other components of the PowerShares Water Resources Portfolio ETF, trading lower by about 1%.

VIDEO: Wednesday's ETF with Unusual Volume: PHO

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.

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