We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Small-Cap and Energy: 2 ETFs to Watch for Outsized Volume
Read MoreHide Full Article
In the last trading, U.S. stocks gained after a volatile session. Among the top ETFs, (SPY - Free Report) gained 1%, (DIA - Free Report) added 0.4% and (QQQ - Free Report) moved 1.7% 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 the ones to watch out for in the days ahead to see if this trend of extra-interest continues.
This small-cap ETF was in the spotlight as around 133,000 shares moved hands compared with an average 31,000 shares a day. We also saw some price movement as VIOO gained 1.5% in the last session.
The move was largely the result of upbeat GDP growth data, which showed that the economy grew at a record 33.1% annual rate in the third quarter. The solid data could have a big impact on small-cap stocks like the ones that we find in this ETF portfolio. VIOO has gained 4.2% over the past month and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.
This energy ETF was under the microscope as nearly 50,000 shares moved hands. This compares with an average trading volume of roughly 16,000 shares and came as PXJ added 1.6% in the last trading session.
The movement can largely be blamed on a 5% plunge in oil price that could weigh on energy ETFs. PXJ has tumbled 6.3% in a month’s time. It has a Zacks ETF Rank #5 (Strong Sell) with a Medium risk outlook.
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 >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Small-Cap and Energy: 2 ETFs to Watch for Outsized Volume
In the last trading, U.S. stocks gained after a volatile session. Among the top ETFs, (SPY - Free Report) gained 1%, (DIA - Free Report) added 0.4% and (QQQ - Free Report) moved 1.7% 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 the ones to watch out for in the days ahead to see if this trend of extra-interest continues.
(VIOO - Free Report) : Volume 4.46 Times Average
This small-cap ETF was in the spotlight as around 133,000 shares moved hands compared with an average 31,000 shares a day. We also saw some price movement as VIOO gained 1.5% in the last session.
The move was largely the result of upbeat GDP growth data, which showed that the economy grew at a record 33.1% annual rate in the third quarter. The solid data could have a big impact on small-cap stocks like the ones that we find in this ETF portfolio. VIOO has gained 4.2% over the past month and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.
(PXJ - Free Report) : Volume 3.30 Times Average
This energy ETF was under the microscope as nearly 50,000 shares moved hands. This compares with an average trading volume of roughly 16,000 shares and came as PXJ added 1.6% in the last trading session.
The movement can largely be blamed on a 5% plunge in oil price that could weigh on energy ETFs. PXJ has tumbled 6.3% in a month’s time. It has a Zacks ETF Rank #5 (Strong Sell) with a Medium risk outlook.
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 >>