The Zacks MLP High Income Index Shares ETF (ZMLP) is seeing unusually high volume in afternoon trading Wednesday, with over 525,000 shares traded versus three month average volume of about 33,000. Shares of ZMLP were up about 0.5% on the day.
Components of that ETF with the highest volume on Wednesday were Energy Transfer (ETE), trading off about 1.4% with over 5.0 million shares changing hands so far this session, and Mplx (NYSE:MPLX), down about 0.4% on volume of over 4.3 million shares. Alliance Resource Partners (NASDAQ:ARLP) is the component faring the best Wednesday, higher by about 2.6% on the day, while Tesoro Logistics (TLLP) is lagging other components of the Zacks MLP High Income Index Shares ETF, trading lower by about 2.4%.
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