The iShares Global Consumer Staples ETF (AMEX:KXI) is seeing unusually high volume in afternoon trading Friday, with over 302,000 shares traded versus three month average volume of about 40,000. Shares of KXI were down about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Coca Cola (NYSE:KO), trading down about 1.2% with over 7.1 million shares changing hands so far this session, and Procter & Gamble (NYSE:PG), down about 1% on volume of over 4.0 million shares. Archer Daniels Midland (NYSE:ADM) is the component faring the best Friday, up by about 0.4% on the day, while Mccormick (NYSE:MKC) is lagging other components of the iShares Global Consumer Staples ETF, trading lower by about 2%.
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