The key U.S. equity gauges were mixed on Thursday. Among the top ETFs, investors saw SPY gain about 0.1%, DIA advance about 0.2% and QQQ move lower about 0.4% 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:
EES: Volume 5.29 times average
This U.S. small-cap earnings-generating companies’ ETF was in focus yesterday as almost 150,000 shares moved hands compared to an average of roughly 28,650 shares. We also saw some stock price movement as EES was down about 0.6%.
The movement can largely be attributed to a slight slowdown in small-cap companies’ earnings, though the space looks to be benefiting from Trump’s presidency. In the last one-month period, EES was up just 0.5%. The fund carries a Zacks ETF Rank #3 (Hold).
RTH: Volume 3.19 times average
This retail ETFwas in focus yesterday as roughly 72,000 shares moved hands compared with an average of roughly 22,000 shares. RTH lost about 0.7% on the day.
Retail sales, especially in the brick and mortar segment, came under pressure lately due to the rising tide in online sales. In the last one-month period, RTH was up about 3.2%.
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 >>
The key U.S. equity gauges were mixed on Thursday. Among the top ETFs, investors saw SPY gain about 0.1%, DIA advance about 0.2% and QQQ move lower about 0.4% 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:
EES: Volume 5.29 times average
This U.S. small-cap earnings-generating companies’ ETF was in focus yesterday as almost 150,000 shares moved hands compared to an average of roughly 28,650 shares. We also saw some stock price movement as EES was down about 0.6%.
The movement can largely be attributed to a slight slowdown in small-cap companies’ earnings, though the space looks to be benefiting from Trump’s presidency. In the last one-month period, EES was up just 0.5%. The fund carries a Zacks ETF Rank #3 (Hold).
RTH: Volume 3.19 times average
This retail ETFwas in focus yesterday as roughly 72,000 shares moved hands compared with an average of roughly 22,000 shares. RTH lost about 0.7% on the day.
Retail sales, especially in the brick and mortar segment, came under pressure lately due to the rising tide in online sales. In the last one-month period, RTH was up about 3.2%.
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 >>
Get the latest research report on QQQ - FREE
Get the latest research report on SPY - FREE
Get the latest research report on DIA - FREE
Get the latest research report on RTH - FREE
Get the latest research report on EES - FREE