The iShares S&P Global Financials Sector Index Fund ETF (AMEX:IXG) is seeing unusually high volume in afternoon trading Wednesday, with over 453,000 shares traded versus three month average volume of about 54,000. Shares of IXG were up about 1.5% on the day.
Components of that ETF with the highest volume on Wednesday were Citigroup (NYSE:C), trading up about 1.7% with over 204.4 million shares changing hands so far this session, and Bank of America (NYSE:BAC), up about 1.8% on volume of over 66.7 million shares. KB Financial Group (NYSE:KB) is the component faring the best Wednesday, higher by about 8.5% on the day, while Zions Bancorp (NASDAQ:ZION) is lagging other components of the iShares S&P Global Financials Sector Index Fund ETF, trading lower by about 0.9%.
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