Thursday's ETF with Unusual Volume: IHF
By: BNK Invest
Posted: 4/3/2014 3:16:00 PM
Referenced Stocks: IHF;UNH;ESRX;TMH;PRXL
The iShares U.S. Healthcare Providers ETF ( IHF ) is seeing unusually high volume in afternoon trading Thursday, with over 245,000 shares traded versus three month average volume of about 28,000. Shares of IHF were off about 0.1% on the day.
Components of that ETF with the highest volume on Thursday were UnitedHealth Group ( UNH ), trading up about 0.3% with over 2.7 million shares changing hands so far this session, and Express Scripts Holding ( ESRX ), down about 1% on volume of over 2.1 million shares. Team Health ( TMH ) is the component faring the best Thursday, up by about 2.3% on the day, while Parexel International ( PRXL ) is lagging other components of the iShares U.S. Healthcare Providers ETF, trading lower by about 2.6%.