The iShares Global Financials ETF is seeing unusually high volume in afternoon trading Thursday, with over 467,000 shares traded versus three month average volume of about 95,000. Shares of IXG were down about 0.9% on the day.
Components of that ETF with the highest volume on Thursday were Bank of America, trading down about 0.5% with over 57.7 million shares changing hands so far this session, and Regions Financial, down about 2.1% on volume of over 9.6 million shares. Invesco is the component faring the best Thursday, up by about 0.3% on the day, while Itau Unibanco Holding is lagging other components of the iShares Global Financials ETF, trading lower by about 2.7%.
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