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The iShares Global Utilities ETF ( JXI ) is seeing unusually high volume in afternoon trading Friday, with over 264,000 shares traded versus three month average volume of about 29,000. Shares of JXI were off about 0.8% on the day.
Components of that ETF with the highest volume on Friday were Cemig ( CIG ), trading down about 0.5% with over 7.7 million shares changing hands so far this session, and AES ( AES ), up about 0.6% on volume of over 4.1 million shares. Pacific Gas & Electric ( PCG ) is lagging other components of the iShares Global Utilities ETF Friday, trading lower by about 2.3%.
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.
