In the last trading session, U.S. stocks have been on a tumultuous ride as China retaliated with tariff of 25% on $60 billion worth American goods against Trump’s latest levies. Among the top ETFs, investors saw (AX:SPY) shed 3.5%, (V:DIA) lose 2.4%, and QQQ move 3.5% lower 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.
(WA:VOT) : Volume 6.26 Times Average
This mid-cap ETF was under the microscope as 850,000 shares moved hands. This compares with average trading volume of roughly 149,000 shares and came as VOT lost 2.6% in the trading session.
The big move was largely the result of investors’ flight to both growth and stability. This could have a big impact on mid-cap stocks like what we find in this ETF portfolio. VOT has lost 3.6% over the past month and carries a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.
FEMS: Volume 3.17 Times Average
This emerging market ETF was in the spotlight as around 81,000 shares moved hands compared with average 27,000 shares a day. We also saw some price movement as FEMS lost 4% in the last session.
The movement can largely be blamed on escalation in trade dispute between the two biggest economies that led to a bloodbath in emerging market stocks. FEMS has shed 9.7% in a month’s time and has a Zacks ETF Rank #4 (Sell) with a Medium risk outlook.
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SPDR Dow Jones Industrial Average ETF (NYSE:DIA): ETF Research Reports
Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports
Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (NYSE:SPY): ETF Research Reports
First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS): ETF Research Reports
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