The SPDR S&P BRIC 40 ETF (BIK) is seeing unusually high volume in afternoon trading Tuesday, with over 192,000 shares traded versus three month average volume of about 54,000. Shares of BIK were off about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Petroleo Brasileiro (NYSE:PBR), trading down about 0.5% with over 15.6 million shares changing hands so far this session, and Ambev (NYSE:ABEV), down about 0.3% on volume of over 11.0 million shares. ICICI Bank (NYSE:IBN) is the component faring the best Tuesday, up by about 3.8% on the day, while BRF SA (NYSE:BRFS) is lagging other components of the SPDR S&P BRIC 40 ETF, trading lower by about 0.8%.
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