The iShares U.S. Utilities ETF (AMEX:IDU) is seeing unusually high volume in afternoon trading Monday, with over 2.9 million shares traded versus three month average volume of about 382,000. Shares of IDU were up about 0.5% on the day.
Components of that ETF with the highest volume on Monday were PPL (NYSE:PPL), trading up about 0.1% with over 2.7 million shares changing hands so far this session, and Exelon (NYSE:EXC), up about 0.5% on volume of over 2.6 million shares. Portland General Electric (NYSE:POR) is the component faring the best Monday, higher by about 2.4% on the day, while South Jersey Industries (NYSE:SJI) is lagging other components of the iShares U.S. Utilities ETF, trading lower by about 1.4%.
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