The iShares S&P Global Energy Sector Index Fund ETF (AMEX:IXC) is seeing unusually high volume in afternoon trading Monday, with over 562,000 shares traded versus three month average volume of about 343,000. Shares of IXC were down about 1.4% on the day.
Components of that ETF with the highest volume on Monday were EL Paso (EP), trading down about 0.1% with over 6.0 million shares changing hands so far this session, and Halliburton (NYSE:HAL), off about 0.8% on volume of over 5.7 million shares. Noble Energy (NYSE:NBL) is the component faring the best Monday, relatively unchanged on the day, while Qep Resources (NYSE:QEP) is lagging other components of the iShares S&P Global Energy Sector Index Fund ETF, trading lower by about 6.5%.
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