The iShares Global Consumer Discretionary ETF (AMEX:RXI) is seeing unusually high volume in afternoon trading Friday, with over 184,000 shares traded versus three month average volume of about 46,000. Shares of RXI were off about 1.1% on the day.
Components of that ETF with the highest volume on Friday were Ford (NYSE:F), trading off about 1.6% with over 23.3 million shares changing hands so far this session, and JC Penney (NYSE:JCP), down about 1.9% on volume of over 12.6 million shares. Kohl's (NYSE:KSS) is the component faring the best Friday, up by about 0.6% on the day, while PulteGroup (NYSE:PHM) is lagging other components of the iShares Global Consumer Discretionary ETF, trading lower by about 2.8%.
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