Back to top

Image: Bigstock

Preferred Securities and Global: 2 ETFs to Watch on Outsized Volume

Read MoreHide Full Article

In the last trading session, U.S. stocks were mostly in the red. Among the top ETFs, investors saw (SPY - Free Report) losing about 0.5%, (DIA - Free Report) shedding about 0.9% and (QQQ - Free Report) move lower by 0.02% on the day. China trade-war fears probably have weighed on the market rally.

Two more specialized ETFs are also worth watching 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 of the last 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.

PGF: Volume 3.56 times average

This U.S. financial ETF was under the microscope yesterday as about 1.43 million shares changed hands. This compares to an average trading volume of around 400,000 shares and came as PGF gained about 0.5% in the session.

The movement can largely be credited to the recent rising rate concerns. Since the fund yields more than 5% annually, investors may have targeted this high-yielding fund to beat the rising rate risks. The fund gained about 2% in the last one month.

ACWV: Volume 3.02 times average

This minimum-volatility global ETF was in the spotlight yesterday as nearly 703,000 shares moved hands compared with an average of roughly 232,400 million shares a day. We also saw some price movement as ACWV retreated about 0.1% in the last session. The fund was up only 0.3% in the last one month.

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 >


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Invesco QQQ (QQQ) - free report >>

SPDR S&P 500 ETF (SPY) - free report >>

SPDR Dow Jones Industrial Average ETF (DIA) - free report >>