The PowerShares Dynamic Energy Exploration & Production Portfolio ETF (NYSE:PXE) is seeing unusually high volume in afternoon trading Thursday, with over 314,000 shares traded versus three month average volume of about 32,000. Shares of PXE were down about 0.8% on the day.
Components of that ETF with the highest volume on Thursday were Southwestern Energy (NYSE:SWN), trading down about 2% with over 10.4 million shares changing hands so far this session, and Denbury Resources (NYSE:DNR), down about 2.8% on volume of over 7.7 million shares. Delek US Holdings (NYSE:DK) is the component faring the best Thursday, up by about 3.8% on the day, while Diamondback Energy (NASDAQ:FANG) is lagging other components of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF, trading lower by about 3.2%.
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