The iShares U.S. Healthcare Providers ETF (NYSE:IHF) is seeing unusually high volume in afternoon trading Thursday, with over 241,000 shares traded versus three month average volume of about 49,000. Shares of IHF were off about 2.3% on the day.
Components of that ETF with the highest volume on Thursday were UnitedHealth Group Inc. (de (NYSE:UNH), trading down about 2.2% with over 6.6 million shares changing hands so far this session, and CVS Health (NYSE:CVS), down about 1.9% on volume of over 4.5 million shares. Quest Diagnostics (NYSE:DGX) is the component faring the best Thursday, up by about 0.4% on the day, while Diplomat Pharmacy (NASDAQ:DPLO) is lagging other components of the iShares U.S. Healthcare Providers ETF, trading lower by about 8.1%.
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