Friday's ETF with Unusual Volume: SEA
The Online Investor - Fri., Apr. 20, 1:29 PM
The PowerShares Shipping Portfolio ETF (SEA) is seeing unusually high volume in afternoon trading Friday, with over 278,000 shares traded versus three month average volume of about 104,000. Shares of SEA were up about 1.3% on the day.
Components of that ETF with the highest volume on Friday were Golar LNG (GLNG), trading up about 4.8% with over 3.3 million shares changing hands so far this session, and Seaspan Seaspan (SSW), up about 10% on volume of over 3.2 million shares. Teekay (TK) is lagging other components of the PowerShares Shipping Portfolio ETF Friday, trading lower by about 1.8%.