The iShares U.S. Regional Banks ETF (AMEX:IAT) is seeing unusually high volume in afternoon trading Friday, with over 1.4 million shares traded versus three month average volume of about 111,000. Shares of IAT were up about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Regions Financial (NYSE:RF), trading down about 0.2% with over 7.2 million shares changing hands so far this session, and Huntington Bancshares (NASDAQ:HBAN), trading flat on volume of over 3.5 million shares. Signature Bank (NASDAQ:SBNY) is the component faring the best Friday, higher by about 1.1% on the day, while First Horizon National (NYSE:FHN) is lagging other components of the iShares U.S. Regional Banks ETF, trading lower by about 0.9%.
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