Tuesday's ETF with Unusual Volume: IXC
ETF Channel Staff - Tuesday, January 16, 12:45 PMThe iShares Global Energy ETF (IXC) is seeing unusually high volume in afternoon trading Tuesday, with over 2.1 million shares traded versus three month average volume of about 226,000. Shares of IXC were off about 0.7% on the day.
Components of that ETF with the highest volume on Tuesday were Chesapeake Energy (CHK), trading off about 2.9% with over 18.3 million shares changing hands so far this session, and Petroleo Brasileiro (PBR), up about 1.5% on volume of over 16.9 million shares. Range Resources (RRC) is lagging other components of the iShares Global Energy ETF Tuesday, trading lower by about 3.9%.