Most Heavily Traded Stocks on Wall Street in Afternoon Trading

Following is information on the ten stocks showing the heaviest volume in mid-day trading:

  • Bank of America Corporation (NYSE:BAC): 31.32 million shares have traded hands, and its market capitalization is $101.13 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.
  • SPDR S&P 500 ETF (NYSE:SPY): 30.42 million shares have traded hands, and its market capitalization is $91.48 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 ETF (NYSE:XLF): 18.97 million shares have traded hands and its market capitalization is $7.91 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): 18.53 million shares have traded hands and its market capitalization is $8.62 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.
  • iShares Russell 2000 Index ( ): 18.34 million shares have traded hands and its market capitlaization is $14.56 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.
  • PowerShares QQQ Trust, Series 1 ETF (NASDAQ:QQQ): 13.68 million shares have traded hands and its market capitalization is $49.99 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.
  • Petrohawk Energy Corporation (NYSE:HK): 13.5 million shares have traded hands and its market capitalization is $11.65 billion.  About the company: Petrohawk Energy Corporation is an oil and gas company. The Company participates in the exploration and production of natural gas and crude oil. Petrohawk’s operations are currently focused in proven oil and gas producing trends primarily in South Texas, Louisiana, and Central California.
  • Microsoft Corporation (NASDAQ:MSFT): 1.85 million shares have traded hands and its market capitalization is $234.12 billion.  About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.
  • Nokia Corporation (NYSE:NOK): 10.23 million shares have traded hands and its market capitalization is $21.85 billion.  About the company:  Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks.
  • iShares Silver Trust (NYSE:SLV): 10.21 million shares have traded hands and its market capitalization is $14.55 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. For more analysis on our support levels and ranges for gold and silver, consider a free 14-day trial to our acclaimed Gold & Silver Investment Newsletter.

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

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