Wednesday's ETF with Unusual Volume: IXG
ETF Channel Staff - Wednesday, January 18, 1:10 PMThe iShares Global Financials ETF (IXG) is seeing unusually high volume in afternoon trading Wednesday, with over 933,000 shares traded versus three month average volume of about 107,000. Shares of IXG were down about 0.3% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America (BAC), trading up about 1.1% with over 77.0 million shares changing hands so far this session, and Citigroup (C), down about 1.5% on volume of over 17.5 million shares. Hartford Financial Services (HIG) is the component faring the best Wednesday, up by about 1.5% on the day, while Northern Trust (NTRS) is lagging other components of the iShares Global Financials ETF, trading lower by about 4.9%.