News Column

Thursday's ETF with Unusual Volume: IGN

July 17, 2014

The iShares North American Tech-Multimedia Networking ETF (IGN) is seeing unusually high volume in afternoon trading Thursday, with over 430,000 shares traded versus three month average volume of about 26,000. Shares of IGN were up about 0.2% on the day.

Components of that ETF with the highest volume on Thursday were Cisco Systems (CSCO), trading down about 0.6% with over 14.2 million shares changing hands so far this session, and Qualcomm (QCOM), down about 1.3% on volume of over 5.6 million shares. Riverbed Tech (RVBD) is the component faring the best Thursday, up by about 1.4% on the day, while InterDigital (IDCC) is lagging other components of the iShares North American Tech-Multimedia Networking ETF, trading lower by about 1.3%.

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