Top Share Volume Movers on Wall Street Today

Wall St. Watchdog reveals information about heavily traded shares on the morning of August 22nd:

  • SPDR S&P 500 ETF (NYSE:SPY): 3.84 million shares have traded hands and its market capitalization is $76.96 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.
  • iShares Silver Trust (NYSE:SLV): 1.37 million shares have traded hands and its market capitalization is $15.29 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.
  • iShares MSCI Australia Index Fund (NYSE:EWA): 1.20 million shares have traded hands and its market capitalization is $2.85 billion.  About the company: iShares MSCI Australia Index Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australiam market, as measured by the MSCI Australia Index.
  • Bank of America Corp (NYSE:BAC): 921,992 shares have traded hands and its market capitalization is $70.64 billion.  About the company: Bank of America Corporation 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 Gold Trust (NYSE:GLD): 861,362 shares have traded hands and its market capitalization is $76.12 billion.  About the company: SPDR Gold Trust is an investment trust.  The Trust holds gold and issues shares (in minimum blocks of 100,000 Shares, also referred to as Baskets) in exchange for deposits of gold and distributes gold in connection with redemption of Baskets.
  • ProShares UltraShort S&P500 (NYSE:SDS): 667,086 shares have traded hands and its market capitalization is $2.78 billion.  About the company: ProShares UltraShort S&P 500 seeks daily investment results, before fees and expenses, that correspond to twice the inverse of the daily performance of the S&P 500 Index.
  • Sirius XM Radio Inc. (NASDAQ:SIRI): 638,515 shares have traded hands and its market capitalization is $6.99 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.
  • PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ): 493,642 shares have traded hands and its market capitalization is $42.06 billion.  About the company: PowerShares QQQ Trust, Series 1 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.
  • NTT DoCoMo, Inc. (NYSE:DCM): 426,339 shares have traded hands and its market capitalization is $76.01 billion.  About the company: NTT DOCOMO, Inc. is a Japan-based company mainly engaged in the mobile communications business.  The Company operates in two business segments.  The Mobile Phone segment is engaged in the provision of mobile phone services, including high-speed data transmission services, third-generation mobile phone services, second-generation mobile phone services, packet communication services, international call services, satellite call services, as well as the sale of terminal equipment related to each service.  The Others segment is involved in the credit business, as well as the provision of Internet access services for hotels, among others.
  • Direxion Daily Finan. Bull 3X Shs (NYSE:FAS): 328,361 shares have traded hands and its market capitalization is $1.03 billion.  About the company: 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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