The iShares U.S. Utilities ETF (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 (PPL), trading up about 0.1% with over 2.7 million shares changing hands so far this session, and Exelon (EXC), up about 0.5% on volume of over 2.6 million shares. Portland General Electric (POR) is the component faring the best Monday, higher by about 2.4% on the day, while South Jersey Industries (SJI) is lagging other components of the iShares U.S. Utilities ETF, trading lower by about 1.4%.
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