Wednesday's ETF with Unusual Volume: PPH
ETF Channel Staff - Wednesday, April 1, 1:26 PMThe Pharmaceutical ETF (PPH) is seeing unusually high volume in afternoon trading Wednesday, with over 506,000 shares traded versus three month average volume of about 85,000. Shares of PPH were off about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were Mylan (MYL), trading off about 1.7% with over 20.0 million shares changing hands so far this session, and Pfizer (PFE), down about 0.9% on volume of over 13.4 million shares. Novo Nordisk (NVO) is the component faring the best Wednesday, higher by about 1.6% on the day, while AbbVie (ABBV) is lagging other components of the Pharmaceutical ETF, trading lower by about 3.2%.