The iShares Dow Jones U.S. Utilities Sector Index Fund ETF (AMEX:IDU) is seeing unusually high volume in afternoon trading Monday, with over 164,000 shares traded versus three month average volume of about 116,000. Shares of IDU were off about 0.9% on the day.
Components of that ETF with the highest volume on Monday were Exelon (NYSE:EXC), trading off about 1.5% with over 516,000 shares changing hands so far this session, and PG&E (NYSE:PCG), down about 1.5% on volume of over 472,000 shares. American Water Works (NYSE:AWK) is the component faring the best Monday, up by about 0.3% on the day, while South Jersey Industries (NYSE:SJI) is lagging other components of the iShares Dow Jones U.S. Utilities Sector Index Fund ETF, trading lower by about 3%.
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