
Please try another search
In the last trading session, U.S. stocks were in the red on political crisis in Italy. Among the top ETFs, investors saw SPDR S&P 500 ETF (NYSE:SPY) (AX:SPY) lost 1.1%, SPDR Dow Jones Industrial Average (SI:SPDR) ETF (V:DIA) was off 1.6% and PowerShares QQQ ETF QQQ move lower by 0.4% on the day.
Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra-interest continues:
EWZ: Volume 3.27 times average
This Brazil ETF was under the microscope yesterday as nearly 56 million shares moved hands. This compares with an average trading day of roughly 17.82 million shares and came as EWZ lost about 5.8% in the trading session.
The movement can largely be blamed on an ongoing truckers’ strike in protest against rising oil prices. This strike affected the economy as a whole for a valid reason. EWZ was down 16.5% in a month’s time.
IYF: Volume 3.15 times average
This U.S. financial ETF was in the spotlight yesterday as about one million shares moved hands compared with an average of 353,000 shares a day. We also saw some price movement as IYF shed 2.4% in the last session.
The big move was largely the result of a decline in U.S. treasury yields, (as the Italy crisis triggered a safe haven rally) which weighed on this U.S. financial fund. Notably, IYF lost about 0.4% in the past month.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Through many years of frustration among gold bugs due to the failure of gold stock prices to leverage the gold prices in a positive way, there were very clear reasons for that...
I know there is the smell of fear in the air when I see my readership double as we reach a point where weekly chart factors come into play. Up until last week, markets have...
• Trump’s trade war, inflation data, and last batch of earnings will be in focus this week. • DoorDash’s imminent inclusion in the S&P 500 is likely to trigger a wave of...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.