The iShares S&P Global Financials Sector Index Fund ETF (AMEX: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 (NYSE:C), trading up about 0.6% with over 325.0 million shares changing hands so far this session, and Bank of America (NYSE:BAC), up about 1.4% on volume of over 92.2 million shares. M & T Bank (NYSE:MTB) is the component faring the best Wednesday, higher by about 3.2% on the day, while Pnc Financial Services Group (NYSE:PNC) is lagging other components of the iShares S&P Global Financials Sector Index Fund ETF, trading relatively unchanged.
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