Shares of E*TRADE Financial Corp (NASDAQ:ETFC) ended Wednesday session in green amid volatile trading. The shares closed up +0.50 points or 1.87% at $27.24 with 8.91 million shares getting traded. Post opening the session at $26.34, the shares hit an intraday low of $26.34 and an intraday high of $27.61 and the price vacillated in this range throughout the day. The company has a market cap of $7.33 billion and the numbers of outstanding shares have been calculated to be 273.69 million shares.
E*TRADE Financial Corp (ETFC) on September 14, 2016 released its Monthly Activity Report for August 2016.
Daily Average Revenue Trades (“DARTs”) for August were 143,831, a two percent decrease from July and a 20 percent decrease from the year-ago period. The Company added 31,481 gross new brokerage accounts in August and ended the month with approximately 3.3 million brokerage accounts—an increase of 7,308 from July.
Net new brokerage assets were $0.9 billion in the month. During the month, customer security holdings increased by $0.8 billion, and brokerage-related cash increased by $1.2 billion to $46.2 billion. Bank-related cash and deposits remained flat, ending the month at $5.2 billion. Customers were net sellers of approximately $0.4 billion in securities during the month.
Shares of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended Wednesday session in red amid volatile trading. The shares closed down -0.02 points or -0.19% at $10.50 with 8.65 million shares getting traded. Post opening the session at $10.50, the shares hit an intraday low of $10.45 and an intraday high of $10.66 and the price vacillated in this range throughout the day. The company has a market cap of $56.41 billion and the numbers of outstanding shares have been calculated to be 2.88 billion shares.
Itau Unibanco Holding SA (ADR) (ITUB) provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts time, savings, and demand deposits; and offers personal, payroll, vehicle, and mortgage loans, as well as credit cards. The company also provides asset management, custody and bookkeeping, consortium, investment banking, and electronic payment means services, as well as private banking services.