In the last trading session, U.S. stocks were in the green. Among the top ETFs, investors saw SPY, DIA and QQQ gain over 0.5%, 0.4% and 0.8%, respectively, on the day.
Two more specialized ETFs are worth noting 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 recent 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:
BRZU: Volume 6.93 times average
This leveraged Brazil ETF was in the spotlight yesterday as nearly 3.93 million shares moved hands compared with an average of roughly 566,000 shares a day. We also saw some price movement as BRZU lost about 8% last session.
The big move was largely the result of corruption allegations against the current president of Brazil Michel Temer. The country’s political future and fiscal reform are now uncertain. BRZU has been down about 35.4% in the last one month.
PPA : Volume 2.72 times average
This U.S. defense ETF was under the microscope yesterday as about 290,000 shares moved hands. This compares with an average trading day of around 106,000 shares and came as PPA gained about 0.9% in the session.
The movement can largely be credited to President Trump’s signing of a $110 billion investment deal with Saudi Arabia, which looks to bolster the latter’s defense needs. PPA has advanced more than 0.9% in the last one month.
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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 in the green. Among the top ETFs, investors saw SPY, DIA and QQQ gain over 0.5%, 0.4% and 0.8%, respectively, on the day.
Two more specialized ETFs are worth noting 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 recent 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:
BRZU: Volume 6.93 times average
This leveraged Brazil ETF was in the spotlight yesterday as nearly 3.93 million shares moved hands compared with an average of roughly 566,000 shares a day. We also saw some price movement as BRZU lost about 8% last session.
The big move was largely the result of corruption allegations against the current president of Brazil Michel Temer. The country’s political future and fiscal reform are now uncertain. BRZU has been down about 35.4% in the last one month.
PPA : Volume 2.72 times average
This U.S. defense ETF was under the microscope yesterday as about 290,000 shares moved hands. This compares with an average trading day of around 106,000 shares and came as PPA gained about 0.9% in the session.
The movement can largely be credited to President Trump’s signing of a $110 billion investment deal with Saudi Arabia, which looks to bolster the latter’s defense needs. PPA has advanced more than 0.9% 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 >>
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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