The iShares Global Utilities ETF (AMEX:JXI) is seeing unusually high volume in afternoon trading Tuesday, with over 855,000 shares traded versus three month average volume of about 37,000. Shares of JXI were down about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Southern Company (NYSE:SO), trading down about 1.5% with over 3.2 million shares changing hands so far this session, and PG&E (NYSE:PCG), off about 1.1% on volume of over 2.8 million shares. Companhia Paranaense de Energia (NYSE:ELP) is the component faring the best Tuesday, higher by about 3.8% on the day.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.