Wednesday's ETF with Unusual Volume: XES
updated Wednesday, June 25, 2:44 PMThe SPDR S&P Oil & Gas Equipment & Services ETF (XES) is seeing unusually high volume in afternoon trading Wednesday, with over 277,000 shares traded versus three month average volume of about 69,000. Shares of XES were up about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were Schlumberger (SLB), trading up about 4.8% with over 9.2 million shares changing hands so far this session, and Hercules Offshore (HERO), up about 2.5% on volume of over 7.2 million shares. Rowan Companies (RDC) is lagging other components of the SPDR S&P Oil & Gas Equipment & Services ETF Wednesday, trading lower by about 1.9%.
For MarketNewsVideo.com, I'm Sayoko Murase.