This article is more than 9 years old.
The iShares MSCI USA Momentum Factor ETF (MTUM) is seeing unusually high volume in afternoon trading Thursday, with over 199,000 shares traded versus three month average volume of about 42,000. Shares of MTUM were up about 0.9% on the day.
Components of that ETF with the highest volume on Thursday were Apple (AAPL), trading up about 1.6% with over 28.4 million shares changing hands so far this session, and Microsoft (MSFT), up about 1.6% on volume of over 19.3 million shares. Southwest Airlines (LUV) is the component faring the best Thursday, higher by about 7.1% on the day, while Medivation (MDVN) is lagging other components of the iShares MSCI USA Momentum Factor ETF, trading lower by about 5.7%.
