The SPDR— S&P— Transportation ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.6 million shares traded versus three month average volume of about 70,000. Shares of XTN were up about 0.7% on the day.
Components of that ETF with the highest volume on Wednesday were American Airlines Group, trading up about 0.3% with over 20.8 million shares changing hands so far this session, and United Airlines Holdings, off about 0.1% on volume of over 13.9 million shares. Knight-swift Transportation Holdings is the component faring the best Wednesday, up by about 6% on the day, while Tusimple Holdings is lagging other components of the SPDR— S&P— Transportation ETF, trading lower by about 4.4%.
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