The iShares S&P Global Consumer Staples Sector Index Fund ETF (AMEX:KXI) is seeing unusually high volume in afternoon trading Thursday, with over 503,000 shares traded versus three month average volume of about 45,000. Shares of KXI were down about 0.3% on the day.
Components of that ETF with the highest volume on Thursday were Cvs Caremark (NYSE:CVS), trading up about 2.2% with over 10.0 million shares changing hands so far this session, and Wal Mart Stores (NYSE:WMT), up about 0.5% on volume of over 5.2 million shares. Monster Beverage (NASDAQ:MNST) is lagging other components of the iShares S&P Global Consumer Staples Sector Index Fund ETF Thursday, trading lower by about 2.4%.
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