In the last trading session, U.S. stocks soared despite the coronavirus scare. Among the top ETFs, investors saw SPY gain 0.5%, DIA nudge up 0.4% and QQQ move 1% higher 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 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.
TAN: Volume 4.59 Times Average
This solar ETF was in the spotlight as around 1.14 million shares moved hands compared with an average 250,000 shares a day. We also saw some price movement as the fund gained 8.1% in the last session. Upbeat earnings have bolstered the space. TAN has gained 27.6% in a month’s time.
SPYG:Volume 4.33 Times Average
This S&P 500 growth ETF was under the microscope as about 5.2 million shares moved hands. This compares with average trading volume of roughly 1.19 million shares and came as SPYG added about 0.7% in the trading session. The big move was largely the result of a rally in U.S. equities. SPYG added 7.4% over the past 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 soared despite the coronavirus scare. Among the top ETFs, investors saw SPY gain 0.5%, DIA nudge up 0.4% and QQQ move 1% higher 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 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.
TAN: Volume 4.59 Times Average
This solar ETF was in the spotlight as around 1.14 million shares moved hands compared with an average 250,000 shares a day. We also saw some price movement as the fund gained 8.1% in the last session. Upbeat earnings have bolstered the space. TAN has gained 27.6% in a month’s time.
SPYG:Volume 4.33 Times Average
This S&P 500 growth ETF was under the microscope as about 5.2 million shares moved hands. This compares with average trading volume of roughly 1.19 million shares and came as SPYG added about 0.7% in the trading session. The big move was largely the result of a rally in U.S. equities. SPYG added 7.4% over the past 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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