The KBW Regional Bank Portfolio ETF (AMEX:KBWR) is seeing unusually high volume in afternoon trading Wednesday, with over 122,000 shares traded versus three month average volume of about 31,000. Shares of KBWR were off about 0.3% on the day.
Components of that ETF with the highest volume on Wednesday were First Horizon National (NYSE:FHN), trading up about 0.1% with over 2.1 million shares changing hands so far this session, and Hudson City Bancorp (NASDAQ:HCBK), up about 0.2% on volume of over 1.7 million shares. First Republic Bank (NYSE:FRC) is the component faring the best Wednesday, up by about 2.8% on the day, while Synovus Financial (NYSE:SNV) is lagging other components of the KBW Regional Bank Portfolio ETF, trading lower by about 0.7%.
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