Wednesday's ETF with Unusual Volume: IAT
ETF Channel Staff - Wednesday, December 17, 1:54 PMThe iShares U.S. Regional Banks ETF (IAT) is seeing unusually high volume in afternoon trading Wednesday, with over 1.6 million shares traded versus three month average volume of about 178,000. Shares of IAT were up about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were Regions Financial (RF), trading up about 1.4% with over 6.0 million shares changing hands so far this session, and Keycorp (KEY), up about 0.9% on volume of over 4.5 million shares. IberiaBank (IBKC) is the component faring the best Wednesday, higher by about 1.8% on the day, while Cullen Frost Bankers (CFR) is lagging other components of the iShares U.S. Regional Banks ETF, trading lower by about 0.9%.