Semiconductor And U.S. Mid Cap: 2 ETFs To Watch On Outsized Volume

In the last trading session, U.S. stocks closed in the green thanks to better-than-expected earnings reported by several companies, which boosted optimism. Among the top ETFs, investors saw (AX:SPY) gain 0.45%, (V:DIA) move higher by 0.28% and QQQ rise 0.42% 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:

XSD: Volume 3.86 times average

This semiconductor ETF was in focus in the last trading session as around 318,000 shares moved hands compared with an average of roughly 83,000 shares a day. We also saw some price movement as XSD added nearly 0.7% in the last session.

The big move came in as semiconductor stocks recovered on Friday on solid growth outlook after several companies reported mixed results in the days before. In the past one-month period, XSD was up 9.5% and has a Zacks ETF Rank of 2 or ‘Buy’ rating with a High risk outlook.

JKG: Volume 2.97 times average

This U.S. mid-cap blend ETF was in focus on Friday as nearly 37,000 shares moved hands. This compares to an average trading volume of 12,000 shares and came as JKG gained 1.04% in the session.

The movement can be attributed to the momentum being built in the U.S. market despite continued uncertainty regarding the overall environment, which has led to a shift toward mid-cap stocks, like the ones we find in this ETF portfolio. This is because these stocks generally offer the best of both worlds – allowing high return potential as well as stability. In the last one-month period, JKG was up about 7%. The fund currently has a Zacks ETF Rank #3 with a Medium risk outlook.

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