The Pharmaceutical ETF (NASDAQ:PPH) is seeing unusually high volume in afternoon trading Monday, with over 308,000 shares traded versus three month average volume of about 63,000. Shares of PPH were up about 0.6% on the day.
Components of that ETF with the highest volume on Monday were Teva Pharmaceutical Industries (NYSE:TEVA), trading up about 5.4% with over 14.3 million shares changing hands so far this session, and Pfizer (NYSE:PFE), off about 0.1% on volume of over 8.2 million shares. Bristol-Myers Squibb (NYSE:BMY) is lagging other components of the Pharmaceutical ETF Monday, trading lower by about 1%.
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