The Invesco Oil & Gas Services ETF is seeing unusually high volume in afternoon trading Tuesday, with over 129,000 shares traded versus three month average volume of about 25,000. Shares of PXJ were down about 1.3% on the day.
Components of that ETF with the highest volume on Tuesday were Schlumberger, trading off about 0.1% with over 2.4 million shares changing hands so far this session, and Halliburton, down about 0.7% on volume of over 2.4 million shares. Profrac Holding is the component faring the best Tuesday, up by about 3.2% on the day, while Kodiak Gas Services is lagging other components of the Invesco Oil & Gas Services ETF, trading lower by about 9.1%.
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