The iShares S&P Global Financials Sector Index Fund ETF (IXG) is seeing unusually high volume in afternoon trading Friday, with over 268,000 shares traded versus three month average volume of about 86,000. Shares of IXG were down about 1.1% on the day.
Components of that ETF with the highest volume on Friday were Bank of America (BAC), trading down about 1.9% with over 109.3 million shares changing hands so far this session, and Citigroup (C), off about 2% on volume of over 21.3 million shares. National Bank Greece SA (NBG) is the component faring the best Friday, higher by about 3.3% on the day, while Genworth Financial (GNW) is lagging other components of the iShares S&P Global Financials Sector Index Fund ETF, trading lower by about 3.4%.
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