The Invesco Water Resources ETF ( PHO ) is seeing unusually high volume in afternoon trading Wednesday, with over 506,000 shares traded versus three month average volume of about 47,000. Shares of PHO were off about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were Danaher ( DHR ), trading down about 1.1% with over 2.0 million shares changing hands so far this session, and SBS ( SBS ), down about 5.1% on volume of over 922,000 shares. Idex ( IEX ) is the component faring the best Wednesday, up by about 0.8% on the day.
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