The KBW Regional Bank Portfolio ETF (AMEX:KBWR) is seeing unusually high volume in afternoon trading Monday, with over 764,000 shares traded versus three month average volume of about 25,000. Shares of KBWR were up about 1.2% on the day.
Components of that ETF with the highest volume on Monday were Synovus Financial (NYSE:SNV), trading up about 0.7% with over 4.3 million shares changing hands so far this session, and Hudson City Bancorp (NASDAQ:HCBK), up about 0.9% on volume of over 2.4 million shares. Private Bancorp (NASDAQ:PVTB) is the component faring the best Monday, up by about 3.3% on the day, while Glacier Bancorp (NASDAQ:GBCI) is lagging other components of the KBW Regional Bank Portfolio ETF, trading lower by about 0.4%.
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