A Day of Unusual Trading
The iShares U.S. Consumer Focused ETF, symbolized by IEDI, experienced a remarkable surge in volume during afternoon trading on Thursday. An astounding 114,000 shares changed hands, contrasting sharply with the usual three-month average of 26,000 shares. As a result, IEDI observed a 0.6% upswing for the day.
Noteworthy Components
Among the top volume contributors to the ETF on Thursday were tech giants Apple and AMAZON.COM. Apple exhibited a promising 1.9% increase with a trading volume exceeding 33.6 million shares. Conversely, AMAZON.COM saw a 2.4% rise in value, supported by a trading volume of over 27.4 million shares. While Carvana stood out as the best-performing component of the day, soaring by an impressive 29.1%, Vestis struggled, trailing other constituents with a notable 41.3% decline.