The iShares U.S. Broker-Dealers & Securities Exchanges ETF ( IAI ) is seeing unusually high volume in afternoon trading Monday, with over 297,000 shares traded versus three month average volume of about 67,000. Shares of IAI were up about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Morgan Stanley ( MS ), trading up about 1% with over 4.6 million shares changing hands so far this session, and Charles Schwab (the) ( SCHW ), up about 0.1% on volume of over 3.1 million shares. Lazard Lazard ( LAZ ) is the component faring the best Monday, up by about 1.9% on the day, while Diamond Hill Investment Group ( DHIL ) is lagging other components of the iShares U.S. Broker-Dealers & Securities Exchanges ETF, trading lower by about 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.
