News Column

Friday's ETF with Unusual Volume: IXN

August 29, 2014

The iShares Global Tech ETF (IXN) is seeing unusually high volume in afternoon trading Friday, with over 66,000 shares traded versus three month average volume of about 38,000. Shares of IXN were up about 0.2% on the day.

Components of that ETF with the highest volume on Friday were Apple (AAPL), trading up about 0.2% with over 13.4 million shares changing hands so far this session, and Intel (INTC), up about 0.1% on volume of over 8.5 million shares. Avago Tech (AVGO) is the component faring the best Friday, higher by about 8.1% on the day, while Paychex (PAYX) is lagging other components of the iShares Global Tech ETF, trading lower by about 0.6%.

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