Back to top

Image: Bigstock

2 ETFs to Watch for Outsized Volume on S&P 500 Value & Europe Financials

Read MoreHide Full Article

In the last trading session, Wall Street was extremely upbeat. Among the top ETFs, (SPY - Free Report) gained 3.1%, (DIA - Free Report) jumped about 2.7% while (QQQ - Free Report) moved 3.3% lower 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.

(IVE - Free Report) : Volume 3.11 Times Average

This S&P 500 value ETF was under the microscope as about 4.1 million shares moved hands. This compares with an average trading volume of roughly 1.34 million shares and came as IVE gained about 2.8% in the last trading session. IVE is down 3.9% in a month’s time.

(EUFN - Free Report) : Volume 2.86 Times Average

This Europe Financial ETF was in the spotlight as around 5.8 million shares moved hands compared with an average of 1.82 million shares a day. We also saw some price movement as EUFN gained about 2.8% in the last session. EUFN has slumped 10.7% over the past month.

Published in