High Volume Afternoon Share Movers to Watch Today: SIRI, BAC, SLV

Wall St. Watchdog reveals information about today’s heavily traded shares in the middle-day.

  • SPDR S&P 500 ETF (NYSE:SPY): 104.47 million shares have traded hands and its market capitalization is $78.37 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.
  • Bank of America Corp (NYSE:BAC): 87.21 million shares have traded hands and its market capitalization is $64.86 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.
  • iShares Silver Trust (NYSE:SLV): 46.58 million shares have traded hands and its market capitalization is $9.10 billion. About the equity: 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.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 45.66 million shares have traded hands and its market capitalization is $45.61 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.
  • iShares MSCI Emerging Markets Indx (NYSE:EEM): 45.24 million shares have traded hands and its market capitalization is $29.62 billion. About the equity: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 36.36 million shares have traded hands and its market capitalization is $6.44 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): 34.81 million shares have traded hands and its market capitalization is $4.78 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.
  • Direxion Daily Finan. Bull 3X Shs (NYSE:FAS): 29.02 million shares have traded hands and its market capitalization is $1.25 billion. About the equity: Direxion Daily Financial Bull 3X Shares is an exchange-traded fund incorporated in the USA. The Fund’s objective is daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000® Financial Services Index (“Financial Index”). The Fund invests in at least 80% of its net assets in the equity securities that comprise the Financial Index
  • ProShares UltraShort S&P500 (NYSE:SDS): 28.65 million shares have traded hands and its market capitalization is $2.52 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.
  • General Electric Company (NYSE:GE): 28.14 million shares have traded hands and its market capitalization is $163.67 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.

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

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