News Column

Friday's ETF with Unusual Volume: IWX

August 15, 2014

The iShares Russell Top 200 Value ETF (IWX) is seeing unusually high volume in afternoon trading Friday, with over 786,000 shares traded versus three month average volume of about 47,000. Shares of IWX were down about 0.3% on the day.

Components of that ETF with the highest volume on Friday were Bank of America (BAC), trading down about 0.7% with over 40.4 million shares changing hands so far this session, and Microsoft (MSFT), up about 0.7% on volume of over 25.7 million shares. Kinder Morgan (KMI) is the component faring the best Friday, up by about 2.8% on the day, while Charles Schwab (SCHW) is lagging other components of the iShares Russell Top 200 Value ETF, trading lower by about 1.6%.

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