The iShares U.S. Insurance ETF is seeing unusually high volume in afternoon trading Thursday, with over 367,000 shares traded versus three month average volume of about 48,000. Shares of IAK were down about 0.8% on the day.
Components of that ETF with the highest volume on Thursday were Genworth Financial, trading down about 2.7% with over 1.8 million shares changing hands so far this session, and American International Group, off about 1.3% on volume of over 1.1 million shares. Erie Indemnity is the component faring the best Thursday, up by about 1.2% on the day, while Mbia is lagging other components of the iShares U.S. Insurance ETF, trading lower by about 10.3%.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.