The iShares S&P Global Financials Sector Index Fund ETF (IXG) is seeing unusually high volume in afternoon trading Wednesday, with over 470,000 shares traded versus three month average volume of about 76,000. Shares of IXG were up about 0.1% on the day.
Components of that ETF with the highest volume on Wednesday were Citigroup (C), trading up about 0.6% with over 325.0 million shares changing hands so far this session, and Bank of America (BAC), up about 1.4% on volume of over 92.2 million shares. M & T Bank (MTB) is the component faring the best Wednesday, higher by about 3.2% on the day, while Pnc Financial Services Group (PNC) is lagging other components of the iShares S&P Global Financials Sector Index Fund ETF, trading relatively unchanged.
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