The iShares Global Financials ETF (NYSE:IXG) is seeing unusually high volume in afternoon trading Tuesday, with over 207,000 shares traded versus three month average volume of about 54,000. Shares of IXG were up about 0.6% on the day.
Components of that ETF with the highest volume on Tuesday were Bank of America (NYSE:BAC), trading up about 1.9% with over 36.4 million shares changing hands so far this session, and Itau Unibanco Banco Holding (NYSE:ITUB), off about 0.7% on volume of over 11.2 million shares. Fifth Third Bancorp (NASDAQ:FITB) is the component faring the best Tuesday, higher by about 3.9% on the day, while Zions (NASDAQ:ZION) is lagging other components of the iShares Global Financials ETF, trading lower by about 6.7%.
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