News Column

Tuesday's ETF with Unusual Volume: SPHD

July 1, 2014

The PowerShares S&P 500 High Dividend Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Tuesday, with over 269,000 shares traded versus three month average volume of about 43,000. Shares of SPHD were up about 0.2% on the day.

Components of that ETF with the highest volume on Tuesday were General Electric (GE), trading up about 0.8% with over 12.6 million shares changing hands so far this session, and Pfizer (PFE), up about 1.4% on volume of over 12.2 million shares. CA (CA) is the component faring the best Tuesday, higher by about 2% on the day, while Exelon (EXC) is lagging other components of the PowerShares S&P 500 High Dividend Portfolio ETF, trading lower by about 2.2%.

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