The iShares Dow Jones U.S. Regional Banks Index Fund ETF (AMEX:IAT) is seeing unusually high volume in afternoon trading Tuesday, with over 136,000 shares traded versus three month average volume of about 90,000. Shares of IAT were up about 0.3% on the day.
Components of that ETF with the highest volume on Tuesday were Synovus Financial (NYSE:SNV), trading off about 1.1% with over 12.6 million shares changing hands so far this session, and Regions Financial (NYSE:RF), up about 1.6% on volume of over 8.3 million shares.
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