The iShares U.S. Utilities ETF (NYSE:IDU) is seeing unusually high volume in afternoon trading Monday, with over 402,000 shares traded versus three month average volume of about 110,000. Shares of IDU were off about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Centerpoint Energy (NYSE:CNP), trading off about 0.6% with over 2.4 million shares changing hands so far this session, and Exelon (NYSE:EXC), up about 0.4% on volume of over 2.3 million shares. Black Hills (NYSE:BKH) is the component faring the best Monday, up by about 1% on the day, while Allete (NYSE:ALE) is lagging other components of the iShares U.S. Utilities ETF, trading lower by about 2.8%.
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