Financials & Consumer Staples: 2 ETFs To Watch On Outsized Volume

Published 06/12/2018, 09:16 PM
Updated 10/23/2024, 11:45 AM
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In the last trading session, U.S. stocks were mixed. Among the top ETFs, investors saw (AX:SPY) gain 0.13%, (V:DIA) lose 0.04%, and QQQ move higher by about 0.5% 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:

VFH: Volume 4.52 times average

This financial ETF was in the spotlight on Tuesday as about 2.71 million shares moved hands compared with an average of 635,000 shares a day. We also saw some price movement as VFH lost about 0.5% last session.

The move was probably the result of the stable benchmark U.S. Treasury yields. VFH has lost 0.5% in the past month.

FXG: Volume 3.98 times average

This consumer staples ETF was under the microscope on Tuesday as nearly 223,478 shares moved hands. This compares with an average trading day of roughly 59,360 shares and came as FXG gained about 0.2% in the trading session.

The movement can largely be credited to investors’ rush to safety amid political tensions pertaining mainly to world trade. FXG has gained 1.5% in a month’s time.

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SPDR-DJ IND AVG (DIA): ETF Research Reports

NASDAQ-100 SHRS (QQQ): ETF Research Reports

SPDR-SP 500 TR (SPY (NYSE:SPY)): ETF Research Reports

FT-CONSUMR STP (FXG): ETF Research Reports

VIPERS-FINANCL (VFH): ETF Research Reports

Original post

Zacks Investment Research

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