The iShares Global Consumer Staples ETF (NYSE:KXI) is seeing unusually high volume in afternoon trading Tuesday, with over 445,000 shares traded versus three month average volume of about 58,000. Shares of KXI were trading flat on the day.
Components of that ETF with the highest volume on Tuesday were Ambev (NYSE:ABEV), trading off about 0.7% with over 16.7 million shares changing hands so far this session, and Coty (NYSE:COTY), off about 1.5% on volume of over 5.0 million shares. Archer-Daniels-Midland (NYSE:ADM) is the component faring the best Tuesday, up by about 0.5% on the day, while Conagra Brands (NYSE:CAG) is lagging other components of the iShares Global Consumer Staples ETF, trading lower by about 1.9%.
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