Heaviest Traded Shares in Morning Trading Action Today

Wall St. Watchdog reveals information about today’s heavily traded shares this morning:

  • Bank of America Corp (NYSE:BAC): 112.31 million shares have traded hands and its market capitalization is $53.66 billion. About the equity: Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
  • SPDR S&P 500 ETF (NYSE:SPY): 98.64 million shares have traded hands and its market capitalization is $74.12 billion. About the equity: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 55.63 million shares have traded hands and its market capitalization is $5.39 billion. About the equity: Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
  • Financial Select Sector SPDR (NYSE:XLF): 38.41 million shares have traded hands and its market capitalization is $4.45 billion. About the equity: Financial Select Sector SPDR Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective is to provide investment results that, before expenses, correspond to the performance of The Financial Select Sector. The Index includes financial services firms whose business’ range from investment management to commercial & business banking.
  • iShares Russell 2000 Index (NYSE:IWM): 34.58 million shares have traded hands and its market capitalization is $11.44 billion. About the equity: iShares Russell 2000 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell 2000 Index Fund. The Index measures the performance of the small-capitalization sector of the U.S. equity market. The Fund uses a Representative Sampling strategy to try to track the Index.
  • Sprint Nextel Corporation (NYSE:S): 27.14 million shares have traded hands and its market capitalization is $7.10 billion. About the equity: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • General Electric Company (NYSE:GE): 25.54 million shares have traded hands and its market capitalization is $150.42 billion. About the equity: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • ProShares UltraShort S&P500 (NYSE:SDS): 25.19 million shares have traded hands and its market capitalization is $2.81 billion. About the equity: UltraShort S&P500 ProShares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 Index.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 22.31 million shares have traded hands and its market capitalization is $42.66 billion. About the equity: PowerShares QQQ is an exchange-traded fund incorporated in the USA. The Fund represents undivided ownership interests in the PowerShares QQQ. The Fund’s objective is to provide investment results that generally correspond to the price and yield performance of the component securities of the Nasdaq 100 Index.
  • Annaly Capital Management, Inc. (NYSE:NLY): 20.07 million shares have traded hands and its market capitalization is $14.43 billion. About the equity: Annaly Capital Management Inc. is a real estate investment trust which owns and manages assets and funds on behalf of institutional and individual investors worldwide. The Company manages a portfolio of mortgage backed securities, including mortgage pass through certificates, collaterized mortgage obligations, and other securities.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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