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France and U.S. Dividend: 2 ETFs Trading with Outsized Volume
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In the past trading session, the performance of U.S. stocks was not satisfactory. Among the top ETFs, investors saw (SPY - Free Report) lose 0.32%, (DIA - Free Report) lose 0.13% and (QQQ - Free Report) lose 0.02% 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 of these funds experienced volume levels that were more than triple 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:
This France ETF was under the microscope on Friday, April 21, 2017, as nearly 3.25 million shares moved hands. This compares to an average trading volume of 827,280 shares and came as EWQ lost 0.08% in the session.
The significant rise in volume was largely the result of increased uncertainty in the markets because of the French presidential elections. The first run-off was held on Sunday, April 23, 2017. Emmanuel Macron and Marine Le Pen emerged victorious and will be facing each other in the second run-off on May 7, 2017. For the month, EWQ is up 0.96%. The fund currently has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.
This U.S. Dividend ETF was in focus on Friday, April 21, 2017, as roughly 2.82 million shares moved hands compared to an average of roughly 407,320 shares. We also saw some share price movement as shares of PEY lost 0.12% in the session.
The fund has high exposure to Vector Group (VGR - Free Report) and Verizon Communications (VZ - Free Report) with 3.66% and 2.54% allocation, respectively. The higher than average trading volume in the ETF can largely be attributed to the increased trading in the Vector group stock following the sale of 100,000 shares by its director Bennett S. Lebow. Moreover, Verizon Communications reported disappointing 2017 first quarter earnings due to which shares of Verizon lost 2.4% on April 21, 2017. For the month, PEY is up 0.24%, while the fund currently has a Zacks ETF Rank #3 with a Medium risk outlook.
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France and U.S. Dividend: 2 ETFs Trading with Outsized Volume
In the past trading session, the performance of U.S. stocks was not satisfactory. Among the top ETFs, investors saw (SPY - Free Report) lose 0.32%, (DIA - Free Report) lose 0.13% and (QQQ - Free Report) lose 0.02% 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 of these funds experienced volume levels that were more than triple 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:
(EWQ - Free Report) : Volume 3.94 times average.
This France ETF was under the microscope on Friday, April 21, 2017, as nearly 3.25 million shares moved hands. This compares to an average trading volume of 827,280 shares and came as EWQ lost 0.08% in the session.
The significant rise in volume was largely the result of increased uncertainty in the markets because of the French presidential elections. The first run-off was held on Sunday, April 23, 2017. Emmanuel Macron and Marine Le Pen emerged victorious and will be facing each other in the second run-off on May 7, 2017. For the month, EWQ is up 0.96%. The fund currently has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.
(PEY - Free Report) : Volume 6.92 times average.
This U.S. Dividend ETF was in focus on Friday, April 21, 2017, as roughly 2.82 million shares moved hands compared to an average of roughly 407,320 shares. We also saw some share price movement as shares of PEY lost 0.12% in the session.
The fund has high exposure to Vector Group (VGR - Free Report) and Verizon Communications (VZ - Free Report) with 3.66% and 2.54% allocation, respectively. The higher than average trading volume in the ETF can largely be attributed to the increased trading in the Vector group stock following the sale of 100,000 shares by its director Bennett S. Lebow. Moreover, Verizon Communications reported disappointing 2017 first quarter earnings due to which shares of Verizon lost 2.4% on April 21, 2017. For the month, PEY is up 0.24%, while the fund currently has a Zacks ETF Rank #3 with a Medium risk outlook.
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 >>