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.
2 ETFs to Watch for Outsized Volume on Large-Cap Value & Leveraged China
Read MoreHide Full Article
In the last trading session, Wall Street was mixed in behavior. Among the top ETFs, (SPY - Free Report) declined 0.02%, (DIA - Free Report) gained about 0.5% while (QQQ - Free Report) moved 0.5% 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.
This U.S. large-cap value ETF was under the microscope as about 96,000 shares moved hands. This compares with an average trading volume of roughly 31,0000 shares and came as PWV gained about 0.33% in the last trading session as rates surged in the United States which is beneficial for value stocks and ETFs. PWV is up 3.6% in a month’s time.
This leveraged China ETF was in the spotlight as around 60,500 shares moved hands compared with an average of 12,000 shares a day. We also saw some price movement as XPP slumped 4.6% in the last session on renewed real estate crisis in China. XPP has added 2.7% over the past month.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
2 ETFs to Watch for Outsized Volume on Large-Cap Value & Leveraged China
In the last trading session, Wall Street was mixed in behavior. Among the top ETFs, (SPY - Free Report) declined 0.02%, (DIA - Free Report) gained about 0.5% while (QQQ - Free Report) moved 0.5% 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.
(PWV - Free Report) : Volume 3.10 Times Average
This U.S. large-cap value ETF was under the microscope as about 96,000 shares moved hands. This compares with an average trading volume of roughly 31,0000 shares and came as PWV gained about 0.33% in the last trading session as rates surged in the United States which is beneficial for value stocks and ETFs. PWV is up 3.6% in a month’s time.
(XPP - Free Report) : Volume 5.04 Times Average
This leveraged China ETF was in the spotlight as around 60,500 shares moved hands compared with an average of 12,000 shares a day. We also saw some price movement as XPP slumped 4.6% in the last session on renewed real estate crisis in China. XPP has added 2.7% over the past month.