News Column

Wednesday's ETF with Unusual Volume: IGV

September 3, 2014

The iShares North American Tech-Software ETF (IGV) is seeing unusually high volume in afternoon trading Wednesday, with over 595,000 shares traded versus three month average volume of about 124,000. Shares of IGV were off about 0.1% on the day.

Components of that ETF with the highest volume on Wednesday were Microsoft (MSFT), trading down about 0.1% with over 22.0 million shares changing hands so far this session, and Compuware (CPWR), trading flat on volume of over 20.7 million shares. Concur Technologies (CNQR) is the component faring the best Wednesday, up by about 7.2% on the day, while FireEye (FEYE) is lagging other components of the iShares North American Tech-Software ETF, trading lower by about 4.9%.

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