High Volume Stock Movers in Afternoon Trading October 12th

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

  • SPDR S&P 500 ETF (NYSE:SPY): 115.28 million shares have traded hands and its market capitalization is $82.92 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): 111.09 million shares have traded hands and its market capitalization is $66.38 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.
  • Alcoa Inc. (NYSE:AA): 60.64 million shares have traded hands and its market capitalization is $10.65 billion. About the equity: Alcoa Inc. produces primary aluminum, fabricated aluminum, and alumina, and participates in mining, refining, smelting, fabricating, and recycling. The Company serves customers worldwide primarily in the transportation, packaging, building, and industrial markets with both fabricated and finished products.
  • Financial Select Sector SPDR (NYSE:XLF): 49.06 million shares have traded hands and its market capitalization is $5.12 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.
  • Citigroup Inc. (NYSE:C): 46.31 million shares have traded hands and its market capitalization is $85.41 billion. About the equity: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • iShares MSCI Emerging Markets Indx (NYSE:EEM): 42.20 million shares have traded hands and its market capitalization is $32.60 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.
  • Ford Motor Company (NYSE:F): 38.13 million shares have traded hands and its market capitalization is $44.12 billion. About the equity: Ford Motor Company designs, manufactures, and services cars and trucks. The Company also provides vehicle-related financing, leasing, and insurance through its subsidiary.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 36.26 million shares have traded hands and its market capitalization is $47.96 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 Russell 2000 Index (NYSE:IWM): 33.28 million shares have traded hands and its market capitalization is $13.09 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.
  • Direxion Daily Finan. Bull 3X Shs (NYSE:FAS): 32.30 million shares have traded hands and its market capitalization is $1.70 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

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

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