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U.S. Dividend & Emerging Market: 2 ETFs Trading with Outsized Volume

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In the last trading session, U.S. stocks were mixed. Fed chief Janet Yellen’s confidence in the U.S. economy that it is heading slowly toward the central bank’s targets mainly moved the market. Among the top ETFs, investors saw SPY lose about 0.2%,DIA shed about 0.3% and QQQ gain about 0.2% on the day.

Two more specialized ETFs are worth noting in particular though as both saw trading volume that was far outside of normal. In fact, in the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra interest continues:

DTD:Volume 4.46 times average

This U.S. dividend ETF was under the microscope on Friday as nearly 112,000 shares moved hands. This compares to an average trading volume of 25,170 shares and came as DTD lost about 0.6% in the session.

The movement can largely be credited to the Fed’s seeing the economy in a positive light, which raised the odds of a rate hike in the near term. This pushed up U.S. Treasury bond yields, which in turn marred dividend ETFs like DTD. In the last one-month period, DTD was down about 0.5%. The fund has a Zacks ETF Rank #3 (Hold).

EEM: Volume 2.59 times average

This emerging market ETF was in focus on Friday as roughly 178 million shares moved hands compared with an average of roughly 68.92 million shares. EEM lost about 0.9% on the day.

As possibilities of a Fed rate hike this year strengthened, fears of cease in cheap money in flows and a stronger dollar weighted on this emerging market ETF.However, in the last one-month period, EEM was up 2.1%. The fund has a Zacks ETF Rank #3.

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