The iShares U.S. Oil Equipment & Services ETF is seeing unusually high volume in afternoon trading Thursday, with over 4.4 million shares traded versus three month average volume of about 212,000. Shares of IEZ were down about 0.9% on the day.
Components of that ETF with the highest volume on Thursday were Transocean, trading up about 2.3% with over 6.8 million shares changing hands so far this session, and Halliburton, down about 1.2% on volume of over 5.3 million shares. Nextier Oilfield Solutions is lagging other components of the iShares U.S. Oil Equipment & Services ETF Thursday, trading lower by about 3.1%.
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