In the last trading session, U.S. stocks were mostly in the red as investors closely eyed the first presidential debate, the oil price movement ahead of the meeting between major oil producers and the turmoil in the European financial market following the Deutsche bank stock crash. Among the top ETFs, investors saw SPY lose over 0.8%, DIA shed over 0.9% and QQQ retreat about 0.9% 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, in the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra interest continues:
VIIX: Volume 3.81 times average
This volatility ETF tracking the S&P 500 VIX Short-Term Futures Indexwas in focus yesterday as roughly 1.1 million shares moved hands compared with an average of roughly 300,800 shares. VIIX gained over 5.3% on the day.
The heightened uncertainty in the market regarding how the first presidential debate would go and the upheaval in the European financial market following the plunge in Deutsche bank shares put this volatility ETF in the spotlight. In the last one-month period, VIIX was down about 2%.
SCIF: Volume 3.60 times average
This small-cap India ETF was under the microscope on Monday as nearly 106,110 shares moved hands. This compares to an average trading volume of 29,440 shares and came as SCIF lost about 0.7% in the session. In the last one-month period, SCIF was up 5.6%. The fund has a Zacks ETF Rank #2 (Buy).
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
In the last trading session, U.S. stocks were mostly in the red as investors closely eyed the first presidential debate, the oil price movement ahead of the meeting between major oil producers and the turmoil in the European financial market following the Deutsche bank stock crash. Among the top ETFs, investors saw SPY lose over 0.8%, DIA shed over 0.9% and QQQ retreat about 0.9% 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, in the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra interest continues:
VIIX: Volume 3.81 times average
This volatility ETF tracking the S&P 500 VIX Short-Term Futures Indexwas in focus yesterday as roughly 1.1 million shares moved hands compared with an average of roughly 300,800 shares. VIIX gained over 5.3% on the day.
The heightened uncertainty in the market regarding how the first presidential debate would go and the upheaval in the European financial market following the plunge in Deutsche bank shares put this volatility ETF in the spotlight. In the last one-month period, VIIX was down about 2%.
SCIF: Volume 3.60 times average
This small-cap India ETF was under the microscope on Monday as nearly 106,110 shares moved hands. This compares to an average trading volume of 29,440 shares and came as SCIF lost about 0.7% in the session. In the last one-month period, SCIF was up 5.6%. The fund has a Zacks ETF Rank #2 (Buy).
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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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