The Most Actively Traded Stocks on this Wall Street August 22nd Afternoon

Wall St. Watchdog reveals information about heavily traded shares in mid-day trading on August 22nd:

  • Bank of America Corp (NYSE:BAC): 48.08 million shares have traded hands and its market capitalization is $69.12 billion.  About the company: Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.
  • SPDR S&P 500 ETF (NYSE:SPY):  44.80 million shares have traded hands and its market capitalization is $77.73 billion.  About the company: SPDR S&P 500 ETF (the Trust), formerly SPDR Trust, Series 1, generally corresponds to the price and yield performance of the S&P 500 Index. The S&P 500 Index consists of 500 selected stocks, all of which are listed on the exchange, the NYSE or NASDAQ, and spans over 24 separate industry groups.
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 21.46 million shares have traded hands and its market capitalization is $6.92 billion.  About the company: Sirius XM Radio Inc. is engaged in broadcasting the Company’s music, sports, news, talk, entertainment, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of the Company’s music and other channels over the Internet, including through applications for Apple, Blackberry and Android-powered mobile devices.
  • Hewlett-Packard Company (NYSE:HPQ):  17.24 million shares have traded hands and its market capitalization is $51.81 billion.  About the company: Hewlett-Packard Company is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses and large enterprises, including customers in the government, health and education sectors. Its operations are organized into seven segments: Services, Enterprise Storage and Servers, HP Software, the Personal Systems Group, the Imaging and Printing Group, HP Financial Services, and Corporate Investments.
  • Ford Motor Company (NYSE:F): 14.04 million shares have traded hands and its market capitalization is $38.25 billion.  About the company: Ford Motor Company (NASDAQ:FORD) is a producer of cars and trucks. Ford and its subsidiaries are also engaged in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services. Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe and Ford Asia Pacific Africa.
  • ProShares UltraShort S&P500 (NYSE:SDS): 12.08 million shares have traded hands and its market capitalization is $2.70 billion.  About the company:  ProShares UltraShort S&P500 (the Fund) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 Index.
  • iShares Silver Trust (NYSE:SLV): 11.81 million shares have traded hands and its market capitalization is $15.50 billion.  About the company: iShares Silver Trust (the Trust) is a grantor trust that is designed to provide a vehicle for investors to own interests in silver. The purpose of the Trust is to own silver transferred to the Trust in exchange for shares issued by the Trust (iShares). Each iShare represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist primarily of silver held by the custodian on behalf of the Trust.
  • Financial Select Sector SPDR (NYSE:XLF): 11.17 million shares have traded hands and its market capitalization is $6.41 billion.  About the company: Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Financial Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as diversified financial services, insurance, commercial banks, capital markets, real estate investment trusts (REITs), consumer finance, thrifts and mortgage finance, and real estate management and development.
  • Citigroup Inc. (NYSE:C): 10.93 million shares have traded hands and its market capitalization is $79.05 billion.  About the company: Citigroup Inc. (Citigroup) is a global diversified financial services holding company. Citigroup businesses provide consumers, corporations, governments and institutions with a range of financial products and services. As of December 31, 2010, the Company had approximately 200 million customer accounts and did business in more than 160 countries and jurisdictions.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 10.69 million shares have traded hands and its market capitalization is $42.87 billion.  About the company: PowerShares QQQ Trust, Series 1 (the Trust) is a unit investment trust that issues securities called PowerShares QQQ Index Tracking Stock. The Trust holds all of the component securities of the Nasdaq-100 Index (the Index).

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

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