The Invesco Dividend Achievers ETF is seeing unusually high volume in afternoon trading Wednesday, with over 305,000 shares traded versus three month average volume of about 31,000. Shares of PFM were trading flat on the day.
Components of that ETF with the highest volume on Wednesday were Apple, trading down about 0.7% with over 20.9 million shares changing hands so far this session, and Starbucks, up about 6.6% on volume of over 19.0 million shares. Silgan Holdings is the component faring the best Wednesday, higher by about 6.9% on the day, while Packaging of America is lagging other components of the Invesco Dividend Achievers ETF, trading lower by about 9.1%.
VIDEO: Wednesday’s ETF with Unusual Volume: PFM