In the last trading session, U.S. stocks were mostly in the red as investors were cautious about the outcome of the forthcoming presidential election. Among the top ETFs, investors saw SPY lose about 0.6%, DIA shed over 0.4% and QQQ shed about 0.8% 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:
TIP: Volume 4.25 times average
This U.S. inflation-protected ETF was in focus yesterday as roughly 4.75 million shares moved hands compared with an average of roughly 1.12 million shares. TIP gained about 0.04% on the day.
The uptick in inflation in recent times boosted this inflation-protected ETF. In the last one-month period, TIP was off about 0.4%.
FXH: Volume 3.25 times average
This healthcare ETF was under the microscope yesterday as nearly 450,000 shares moved hands. This compares with an average trading volume of 139,000 shares and came as FXH lost about 0.07% in the session.
The movement can be credited to the price gouging issues of drugs. The controversy may flare up post-election if Hillary Clinton makes it to White House as she has long been vocal against the issue. In the last one-month period, FXH was down over 8.1%.
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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 were cautious about the outcome of the forthcoming presidential election. Among the top ETFs, investors saw SPY lose about 0.6%, DIA shed over 0.4% and QQQ shed about 0.8% 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:
TIP: Volume 4.25 times average
This U.S. inflation-protected ETF was in focus yesterday as roughly 4.75 million shares moved hands compared with an average of roughly 1.12 million shares. TIP gained about 0.04% on the day.
The uptick in inflation in recent times boosted this inflation-protected ETF. In the last one-month period, TIP was off about 0.4%.
FXH: Volume 3.25 times average
This healthcare ETF was under the microscope yesterday as nearly 450,000 shares moved hands. This compares with an average trading volume of 139,000 shares and came as FXH lost about 0.07% in the session.
The movement can be credited to the price gouging issues of drugs. The controversy may flare up post-election if Hillary Clinton makes it to White House as she has long been vocal against the issue. In the last one-month period, FXH was down over 8.1%.
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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