Tuesday's ETF with Unusual Volume: PXE
ETF Channel Staff - Tuesday, November 24, 1:40 PMThe PowerShares Dynamic Energy Exploration & Production Portfolio ETF (PXE) is seeing unusually high volume in afternoon trading Tuesday, with over 208,000 shares traded versus three month average volume of about 29,000. Shares of PXE were up about 3.3% on the day.
Components of that ETF with the highest volume on Tuesday were Chesapeake Energy (CHK), trading up about 3.9% with over 14.3 million shares changing hands so far this session, and Denbury Resources (DNR), up about 6.2% on volume of over 7.1 million shares. QEP Resources (QEP) is the component faring the best Tuesday, higher by about 9.9% on the day, while HollyFrontier (HFC) is lagging other components of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF, trading lower by about 0.5%.