Monday's ETF with Unusual Volume: IYG
ETF Channel Staff - Monday, June 24, 1:40 PMThe iShares U.S. Financial Services ETF (IYG) is seeing unusually high volume in afternoon trading Monday, with over 531,000 shares traded versus three month average volume of about 67,000. Shares of IYG were down about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Bank of America (BAC), trading off about 0.1% with over 21.2 million shares changing hands so far this session, and Wells Fargo (WFC), off about 1% on volume of over 10.5 million shares. Janus Henderson Group (JHG) is the component faring the best Monday, higher by about 1.3% on the day, while TD Ameritrade Holding (AMTD) is lagging other components of the iShares U.S. Financial Services ETF, trading lower by about 3.5%.