Wednesday's ETF with Unusual Volume: IEZ
ETF Channel Staff - Wednesday, May 30, 2:00 PMThe iShares U.S. Oil Equipment & Services ETF (IEZ) is seeing unusually high volume in afternoon trading Wednesday, with over 2.0 million shares traded versus three month average volume of about 70,000. Shares of IEZ were up about 3.3% on the day.
Components of that ETF with the highest volume on Wednesday were Transocean (RIG), trading up about 4.8% with over 9.0 million shares changing hands so far this session, and Nabors Industries (NBR), up about 4.7% on volume of over 8.6 million shares. Ensco (ESV) is the component faring the best Wednesday, up by about 6.8% on the day, while C&J Energy Services (CJ) is lagging other components of the iShares U.S. Oil Equipment & Services ETF, trading higher by about 1.6%.