The iShares S&P Mid-Cap 400 Value ETF (NYSE:IJJ) is seeing unusually high volume in afternoon trading Tuesday, with over 229,000 shares traded versus three month average volume of about 83,000. Shares of IJJ were up about 0.3% on the day.
Components of that ETF with the highest volume on Tuesday were Chesapeake Energy (NYSE:CHK), trading down about 3.2% with over 19.9 million shares changing hands so far this session, and Transocean (NYSE:RIG), down about 2.8% on volume of over 10.4 million shares. Cabot (NYSE:CBT) is the component faring the best Tuesday, up by about 4.2% on the day, while Rowan Companies (NYSE:RDC) is lagging other components of the iShares S&P Mid-Cap 400 Value ETF, trading lower by about 3.9%.
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