The Zacks MLP High Income Index Shares ETF (AMEX:ZMLP) is seeing unusually high volume in afternoon trading Friday, with over 544,000 shares traded versus three month average volume of about 41,000. Shares of ZMLP were off about 3.6% on the day.
Components of that ETF with the highest volume on Friday were Plains All American Pipeline L.P. (NYSE:PAA), trading up about 0.8% with over 5.7 million shares changing hands so far this session, and Enterprise Products Partners L.P. (NYSE:EPD), off about 2% on volume of over 4.6 million shares. NGL Energy Partners (NYSE:NGL) is lagging other components of the Zacks MLP High Income Index Shares ETF Friday, trading lower by about 18.8%.
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