The KBW Bank Portfolio ETF (AMEX:KBWB) is seeing unusually high volume in afternoon trading Friday, with over 409,000 shares traded versus three month average volume of about 282,000. Shares of KBWB were up about 1.5% on the day.
Components of that ETF with the highest volume on Friday were Bank of America (NYSE:BAC), trading up about 3.8% with over 100.1 million shares changing hands so far this session, and Citigroup (NYSE:C), up about 3% on volume of over 22.3 million shares. Suntrust Banks (NYSE:STI) is the component faring the best Friday, higher by about 5.2% on the day, while Northern Trust (NASDAQ:NTRS) is lagging other components of the KBW Bank Portfolio ETF, trading lower by about 0.2%.
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