The Rydex S&P 500 Equal Weight Health Care ETF (AMEX:RYH) is seeing unusually high volume in afternoon trading Monday, with over 180,000 shares traded versus three month average volume of about 47,000. Shares of RYH were down about 0.2% on the day.
Components of that ETF with the highest volume on Monday were Pfizer (NYSE:PFE), trading off about 0.9% with over 18.3 million shares changing hands so far this session, and Merck & (NYSE:MRK), off about 1.1% on volume of over 9.5 million shares. Allergan (NYSE:AGN) is the component faring the best Monday, up by about 1.8% on the day, while Amgen (NASDAQ:AMGN) is lagging other components of the Rydex S&P 500 Equal Weight Health Care ETF, trading lower by about 2.3%.
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