Monday's ETF with Unusual Volume: IYE
Energy Stock Channel - Monday, March 30, 1:30 PM
The iShares U.S. Energy ETF (IYE) is seeing unusually high volume in afternoon trading Monday, with over 21.5 million shares traded versus three month average volume of about 979,000. Shares of IYE were up about 1.7% on the day.
Components of that ETF with the highest volume on Monday were Chesapeake Energy (CHK), trading off about 1.3% with over 10.0 million shares changing hands so far this session, and Exxon Mobil (XOM), up about 2.3% on volume of over 8.0 million shares. Unit (UNT) is the component faring the best Monday, up by about 4.1% on the day, while Whiting Petroleum (WLL) is lagging other components of the iShares U.S. Energy ETF, trading lower by about 2.7%.