Europe And China: 2 ETFs To Watch On Outsized Volume

In the past trading session, U.S. stocks recovered from the plunge witnessed recently on improving signs of talks between Washington and Beijing. Among the top ETFs, investors saw (AX:SPY) and (V:DIA) gain 0.3% each. However, QQQ lost 0.4% on the day.

Two more specialized ETFs are worth noting in particular though 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 ones to watch out for in the days ahead to see if this trend of extra-interest continues:

(PS:FEU) : Volume 3.1 times average.

This European ETF was in focus as roughly 109,000 shares moved hands in the last trading session compared with an average of roughly 35000 shares. We also saw some share price movement as shares of FEU gained 0.03%.

The big move in the last trading session was caused due to uncertainties surrounding the draft Brexit deal. In the past month, FUTY has gained 0.1%. The fund currently has a Zacks ETF Rank #3 (Hold).

ASHS: Volume 3 times average.

This China ETF was under the microscope as nearly 39,000 shares moved hands in the last trading session. This compares to an average trading day of nearly 13,000 shares and came as ASHS gained about 1.8% on the session.

The big move in the last trading session was caused as a result of several trade concessions put forward by the Chinese government in front of the Trump administration to resolve the trade war. Recently, President Trump also said that decision on a new round of tariffs will be put on hold, helping the fund to undergo strong trading. ASHS has gained 18.6% in the past month. It currently has a Zacks ETF Rank #3.

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