The Pharmaceutical ETF (NASDAQ:PPH) is seeing unusually high volume in afternoon trading Monday, with over 582,000 shares traded versus three month average volume of about 79,000. Shares of PPH were off about 0.2% on the day.
Components of that ETF with the highest volume on Monday were Pfizer (NYSE:PFE), trading up about 0.8% with over 21.2 million shares changing hands so far this session, and Teva Pharmaceutical Industries (NYSE:TEVA), up about 1.9% on volume of over 8.1 million shares. Perrigo (NYSE:PRGO) is lagging other components of the Pharmaceutical ETF Monday, trading lower by about 2.4%.
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