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Wednesday's ETF with Unusual Volume: IAT
Wednesday, May 7, 4:59 PM ET

The iShares U.S. Regional Banks ETF (AMEX:IAT) is seeing unusually high volume in afternoon trading Wednesday, with over 1.2 million shares traded versus three month average volume of about 118,000. Shares of IAT were up about 0.7% on the day.

Components of that ETF with the highest volume on Wednesday were Regions Financial (NYSE:RF), trading up about 1% with over 8.8 million shares changing hands so far this session, and Huntington Bancshares (NASDAQ:HBAN), up about 1.2% on volume of over 7.3 million shares. National Penn Bancshares (NASDAQ:NPBC) is the component faring the best Wednesday, higher by about 2.5% on the day, while Washington Federal (NASDAQ:WAFD) is lagging other components of the iShares U.S. Regional Banks ETF, trading lower by about 1.7%.

For MarketNewsVideo.com, I'm Sayoko Murase.

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