The iShares Global Energy ETF is seeing unusually high volume in afternoon trading Friday, with over 2.9 million shares traded versus three month average volume of about 226,000. Shares of IXC were up about 0.7% on the day.
Components of that ETF with the highest volume on Friday were Exxon Mobil, trading up about 1.1% with over 9.1 million shares changing hands so far this session, and Petroleo Brasileiro, up about 1.7% on volume of over 8.9 million shares. Baker Hughes is the component faring the best Friday, up by about 2.2% on the day, while National Oilwell Varco is lagging other components of the iShares Global Energy ETF, trading lower by about 1.2%.
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