The KBW Bank Portfolio ETF (AMEX:KBWB) is seeing unusually high volume in afternoon trading Wednesday, with over 973,000 shares traded versus three month average volume of about 627,000. Shares of KBWB were up about 1% on the day.
Components of that ETF with the highest volume on Wednesday were Citigroup (NYSE:C), trading up about 1.6% with over 24.9 million shares changing hands so far this session, and Wells Fargo & (NYSE:WFC), up about 2.6% on volume of over 11.5 million shares. M&T Bank (NYSE:MTB) is the component faring the best Wednesday, higher by about 5.1% on the day, while Comerica (NYSE:CMA) is lagging other components of the KBW Bank Portfolio ETF, trading lower by about 3%.
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