Monday's ETF with Unusual Volume: IEZ
ETF Channel Staff - Monday, August 31, 11:14 AMThe iShares U.S. Oil Equipment & Services ETF (IEZ) is seeing unusually high volume in afternoon trading Monday, with over 353,000 shares traded versus three month average volume of about 215,000. Shares of IEZ were down about 0.8% on the day.
Components of that ETF with the highest volume on Monday were Schlumberger (SLB), trading down about 0.6% with over 4.5 million shares changing hands so far this session, and Transocean (RIG), off about 2.2% on volume of over 3.4 million shares. McDermott International (MDR) is the component faring the best Monday, up by about 3% on the day, while Matrix Service (MTRX) is lagging other components of the iShares U.S. Oil Equipment & Services ETF, trading lower by about 5.8%.