News Column

Wednesday's ETF with Unusual Volume: IYT

May 28, 2014

The iShares Transportation Average ETF (IYT) is seeing unusually high volume in afternoon trading Wednesday, with over 936,000 shares traded versus three month average volume of about 300,000. Shares of IYT were up about 0.8% on the day.

Components of that ETF with the highest volume on Wednesday were Delta Air Lines (DAL), trading up about 2.6% with over 5.8 million shares changing hands so far this session, and Jetblue Airways (JBLU), up about 0.6% on volume of over 3.5 million shares. United Continental Holdings (UAL) is the component faring the best Wednesday, up by about 3.3% on the day, while Kirby (KEX) is lagging other components of the iShares Transportation Average ETF, trading lower by about 0.4%.

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