The iShares U.S. Financial Services ETF (NYSE:IYG) is seeing unusually high volume in afternoon trading Monday, with over 531,000 shares traded versus three month average volume of about 67,000. Shares of IYG were down about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Bank of America (NYSE:BAC), trading off about 0.1% with over 21.2 million shares changing hands so far this session, and Wells Fargo (NYSE:WFC), off about 1% on volume of over 10.5 million shares. Janus Henderson Group (NYSE:JHG) is the component faring the best Monday, higher by about 1.3% on the day, while TD Ameritrade Holding (NASDAQ:AMTD) is lagging other components of the iShares U.S. Financial Services ETF, trading lower by about 3.5%.
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