Volume today topped 1.5 million shares, about 5x the average daily turnover in the shares.

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The AUM haul is decent enough here to tell us that despite average daily turnover of less than 10, 000 shares, PEK has staying power.

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Aggregate ETF turnover in the U.S. exceeds turnover in stocks: in 2008, the average daily turnover of the five largest ETFs was three times as large as that of the largest stocks, according to NYSE Euronext.

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