Wednesday's ETF with Unusual Volume: ZMLP
The Zacks MLP High Income Index Shares ETF ( ZMLP ) is seeing unusually high volume in afternoon trading Wednesday, with over 525,000 shares traded versus three month average volume of about 33,000. Shares of ZMLP were up about 0.5% on the day.
Components of that ETF with the highest volume on Wednesday were Energy Transfer ( ETE ), trading off about 1.4% with over 5.0 million shares changing hands so far this session, and Mplx ( MPLX ), down about 0.4% on volume of over 4.3 million shares. Alliance Resource Partners ( ARLP ) is the component faring the best Wednesday, higher by about 2.6% on the day, while Tesoro Logistics (TLLP) is lagging other components of the Zacks MLP High Income Index Shares ETF, trading lower by about 2.4%.
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