updated Tuesday, January 13, 3:23 PM
The iShares MSCI USA Value Factor ETF (VLUE) is seeing unusually high volume in afternoon trading Tuesday, with over 1.1 million shares traded versus three month average volume of about 32,000. Shares of VLUE were up about 0.9% on the day.
Components of that ETF with the highest volume on Tuesday were Bank of America (BAC), trading down about 0.1% with over 48.3 million shares changing hands so far this session, and Sirius XM Holdings (SIRI), up about 1% on volume of over 37.0 million shares. Pharmacyclics (PCYC) is the component faring the best Tuesday, up by about 19.3% on the day, while Freeport McMoRan (FCX) is lagging other components of the iShares MSCI USA Value Factor ETF, trading lower by about 5.3%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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