Volume in Apple ETFs Light Ahead of Earnings

With just over an hour left in Thursday's trading session, volume in ETFs with large weight to Apple

is suspiciously light ahead of the company's after-hours earnings report. Volume in the iShares Dow Jones U.S. Technology Sector Index Fund

has not even reached a third of the daily average of 183,220 shares. IYW allocates 24.1 percent of its weight to Apple, more than any other ETF. The Technology Select Sector SPDR

, which features a 20.3 percent weight to Apple, appears unlikely to even reach half its average daily turnover of 8.22 million shares. The PowerShares QQQ

, also known as the Nasdaq 100 tracking ETF, would need another 8.8 million shares to change hands just to reach its daily average of almost 34.5 million. QQQ has a weight of almost 19.4 percent to Apple. The performance of the three ETFs today is mixed as XLK is down slightly while IYW and QQQ are fractionally higher. For more on Apple and ETFs, click

.