The iShares U.S. Energy ETF (NYSE:IYE) is seeing unusually high volume in afternoon trading Monday, with over 8.8 million shares traded versus three month average volume of about 791,000. Shares of IYE were up about 2.3% on the day.
Components of that ETF with the highest volume on Monday were Kinder Morgan (NYSE:KMI), trading down about 2.3% with over 17.1 million shares changing hands so far this session, and Exxon Mobil (NYSE:XOM), up about 2.1% on volume of over 8.4 million shares. Pioneer Natural Resource (NYSE:PXD) is the component faring the best Monday, up by about 5.2% on the day.
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