Heavy Volume Stock Movers in Today’s Afternoon Trading

Following is information on stocks showing unusually high volume in late-day trading today:

  • Bank of America Corporation (NYSE:BAC): 116.11 million shares have traded hands today.  Its market capitalization is $96.87 billion.  About the company: 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. Bank of America Corp Second Quarter Earnings Sneak Peek>>
  • SPDR S&P 500 ETF (NYSE:SPY): 85.89 million shares have traded hands today.  Its market capitalization is $88.68 billion.  About the company: 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.
  • Financial Select Sector SPDR (NYSE:XLF): 59.37 million shares have traded hands today.  Its market capitalization is $7.59 billion. About the company: 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.
  • Sirius XM Radio Inc. (NASDAQ:SIRI):43.10 million shares have traded hands today.  Its market capitalization is $8.88 billion.  About the company:  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.
  • Ford Motor Company (NYSE:F): 35.91 million shares have traded hands today.  Its market capitalization is $48.46 billion.  About the company: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary. Investing in Autos: Carmakers Look to Canadian Markets, Eh?>>
  • News Corporation (NASDAQ:NWSA):34.49 million shares have traded hands today.  Its market capitalization is $39.29 billion.  About the company:  News Corporation is a diversified global media company. The Company’s operations include the production and distribution of motion pictures and television programming. The Company provides television, direct satellite, and cable broadcasting and the publication of newspapers, magazines, books and promotional inserts. Are News Corp.’s Assets Toxic?>>
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 33.17 million shares have traded hands today.  Its market capitalization is $48.05 billion.  About the company: 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.
  • iShares Russell 2000 Index (NYSE:IWM): 29.85 million shares have traded hands today.  Its market capitalization is $16.89 billion.  About the company: 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.
  • iShares Silver Trust (NYSE:SLV): 29.29 million shares have traded hands today.  Its market capitalization is $14.53 billion.  About the company: iShares Silver Trust is a trust formed to invest in silver. The assets of the trust consist primarily of silver held by the custodian on behalf of the trust. The objective of the trust is for the shares to reflect the price of silver owned by the trust, less the trust’s expenses and liabilities. Will New Support Levels in Gold and Silver Hold?>>
  • Cisco Systems, Inc. (NASDAQ:CSCO): 25.77 million have traded hands today.  Its market capitalization is $84.29 billion.  About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.

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

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