The PowerShares Global Water Portfolio ETF (NASDAQ:PIO) is seeing unusually high volume in afternoon trading Tuesday, with over 247,000 shares traded versus three month average volume of about 33,000. Shares of PIO were off about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Flowserve (NYSE:FLS), trading up about 1.1% with over 2.6 million shares changing hands so far this session, and Pentair (NYSE:PNR), down about 1.1% on volume of over 1.5 million shares. Itron (NASDAQ:ITRI) is the component faring the best Tuesday, up by about 1.1% on the day, while Consolidated Water (NASDAQ:CWCO) is lagging other components of the PowerShares Global Water Portfolio ETF, trading lower by about 1.5%.
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