The SPDR S&P BRIC 40 ETF (AMEX:BIK) is seeing unusually high volume in afternoon trading Friday, with over 648,000 shares traded versus three month average volume of about 90,000. Shares of BIK were up about 0.8% on the day.
Components of that ETF with the highest volume on Friday were Vale SA (NYSE:VALE), trading off about 0.8% with over 16.4 million shares changing hands so far this session, and Petrobras (NYSE:PBR), up about 1.1% on volume of over 11.9 million shares. Baidu (NASDAQ:BIDU) is the component faring the best Friday, up by about 4.3% on the day, while Ultrapar Holdings (NYSE:UGP) is lagging other components of the SPDR S&P BRIC 40 ETF, trading lower by about 2.7%.
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