The iShares Global Energy ETF (AMEX:IXC) is seeing unusually high volume in afternoon trading Wednesday, with over 1.6 million shares traded versus three month average volume of about 129,000. Shares of IXC were trading flat on the day.
Components of that ETF with the highest volume on Wednesday were Chesapeake Energy (NYSE:CHK), trading up about 2.4% with over 6.5 million shares changing hands so far this session, and Halliburton (NYSE:HAL), trading flat on volume of over 6.1 million shares. New Field Exploration (NYSE:NFX) is the component faring the best Wednesday, up by about 4.2% on the day, while Kinder Morgan (NYSE:KMI) is lagging other components of the iShares Global Energy ETF, trading lower by about 2.3%.
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