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The iShares Global Energy ETF ( IXC ) is seeing unusually high volume in afternoon trading Friday, with over 1.0 million shares traded versus three month average volume of about 395,000. Shares of IXC were up about 0.6% on the day.
Components of that ETF with the highest volume on Friday were Petroleo Brasileiro ( PBR ), trading up about 1% with over 18.4 million shares changing hands so far this session, and Kinder Morgan ( KMI ), up about 0.5% on volume of over 10.2 million shares. Occidental Petroleum ( OXY ) is the component faring the best Friday, higher by about 2.1% on the day, while Range Resources ( RRC ) is lagging other components of the iShares Global Energy ETF, trading lower by about 2.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
