The iShares Global Healthcare ETF (NYSE:IXJ) is seeing unusually high volume in afternoon trading Monday, with over 290,000 shares traded versus three month average volume of about 31,000. Shares of IXJ were off about 0.9% on the day.
Components of that ETF with the highest volume on Monday were Pfizer (NYSE:PFE), trading off about 1% with over 12.1 million shares changing hands so far this session, and Merck (NYSE:MRK), off about 1.5% on volume of over 4.7 million shares. Align Technology (NASDAQ:ALGN) is the component faring the best Monday, up by about 1.9% on the day, while Biogen (NASDAQ:BIIB) is lagging other components of the iShares Global Healthcare ETF, trading lower by about 5.6%.
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