Friday's ETF with Unusual Volume: PHDG

The PowerShares SP 500 Downside Hedged Portfolio ETF ( PHDG ) is seeing unusually high volume in afternoon trading Friday, with over 688,000 shares traded versus three month average volume of about 33,000. Shares of PHDG were trading flat on the day.

Components of that ETF with the highest volume on Friday were Advanced Micro Devices ( AMD ), trading up about 3% with over 64.3 million shares changing hands so far this session, and Bank of America ( BAC ), up about 0.7% on volume of over 30.6 million shares. DR Horton ( DHI ) is the component faring the best Friday, up by about 4% on the day, while Hess ( HES ) is lagging other components of the PowerShares SP 500 Downside Hedged Portfolio ETF, trading lower by about 3.5%.

Fridays ETF with Unusual Volume: PHDGVIDEO: Friday’s ETF with Unusual Volume: PHDG


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