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This Wall Street-Heavy ETF Is Seeing Trading Madness: (KBWB)

TedTed
in The Bullpen
FYI: Stock investors may have shrugged off bank earnings, but ETF buyers who hold the titans of Wall Street are clearly paying attention.

Investors traded almost $140 million worth of Invesco Ltd.’s PowerShares KBW Bank Portfolio, or KBWB, on Tuesday, marking the exchange-traded fund’s largest daily turnover in more than a year. And on Wednesday, over $107 million of shares traded, which is more than four times the fund’s daily average in the past year, according to Bloomberg data.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-04-26/this-wall-street-heavy-etf-is-seeing-trading-madness-etf-watch?srnd=etfcenter

M* Snapshot: KBWB:
http://www.morningstar.com/etfs/xnas/kbwb/quote.html
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