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%.
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