Credit: Shutterstock photoThe iShares Global Consumer Staples ETF ( KXI ) is seeing unusually high volume in afternoon trading Tuesday, with over 1.8 million shares traded versus three month average volume of about 77,000. Shares of KXI were up about 0.3% on the day.
Components of that ETF with the highest volume on Tuesday were Ambev ( ABEV ), trading down about 0.5% with over 15.6 million shares changing hands so far this session, and Coca-Cola ( KO ), up about 0.8% on volume of over 7.9 million shares. Monster Beverage ( MNST ) is the component faring the best Tuesday, higher by about 6.2% on the day, while Conagra Brands ( CAG ) is lagging other components of the iShares Global Consumer Staples ETF, trading lower by about 3.3%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
