The SPDR S&P Aerospace & Defense ETF (NYSE:XAR) is seeing unusually high volume in afternoon trading Thursday, with over 2.4 million shares traded versus three month average volume of about 184,000. Shares of XAR were off about 1.2% on the day.
Components of that ETF with the highest volume on Thursday were Boeing (NYSE:BA), trading off about 4.4% with over 7.0 million shares changing hands so far this session, and United Technologies (NYSE:UTX), off about 0.4% on volume of over 6.8 million shares. Kratos Defense & Security Solutions (NASDAQ:KTOS) is the component faring the best Thursday, up by about 5.3% on the day, while National Presto Industries (NYSE:NPK) is lagging other components of the SPDR S&P Aerospace & Defense ETF, trading lower by about 4.6%.
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