The Invesco S&P 500 Equal Weight Financials ETF is seeing unusually high volume in afternoon trading Wednesday, with over 298,000 shares traded versus three month average volume of about 63,000. Shares of RYF were off about 0.1% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America, trading trading flat with over 14.6 million shares changing hands so far this session, and Wells Fargo, trading flat on volume of over 5.1 million shares. CME Group is the component faring the best Wednesday, up by about 1.3% on the day, while Fifth Third Bancorp is lagging other components of the Invesco S&P 500 Equal Weight Financials ETF, trading lower by about 0.8%.
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