The Biotech ETF (AMEX:BBH) is seeing unusually high volume in afternoon trading Wednesday, with over 101,000 shares traded versus three month average volume of about 29,000. Shares of BBH were off about 0.5% on the day.
Components of that ETF with the highest volume on Wednesday were Illumina (NASDAQ:ILMN), trading trading flat with over 19.5 million shares changing hands so far this session, and Gilead Sciences (NASDAQ:GILD), up about 0.1% on volume of over 2.0 million shares. Qiagen NV Ord (NASDAQ:QGEN) is the component faring the best Wednesday, higher by about 1% on the day, while Dendreon (DNDN) is lagging other components of the Biotech ETF, trading lower by about 3.9%.
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