The iShares Global Telecom ETF (AMEX:IXP) is seeing unusually high volume in afternoon trading Thursday, with over 148,000 shares traded versus three month average volume of about 57,000. Shares of IXP were up about 0.9% on the day.
Components of that ETF with the highest volume on Thursday were AT&T (NYSE:T), trading down about 0.1% with over 16.7 million shares changing hands so far this session, and Verizon Communications (NYSE:VZ), trading flat on volume of over 7.3 million shares. CenturyLink (NYSE:CTL) is the component faring the best Thursday, up by about 1.8% on the day, while Chunghwa Telecom (NYSE:CHT) is lagging other components of the iShares Global Telecom ETF, trading lower by about 0.6%.
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