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U.S. Small-Cap & Spain: 2 ETFs Trading with Outsized Volume
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In the last trading session, U.S. stocks were mostly in the red. The absence of any addition or extension in ECB stimulus and uncertainty surrounding the timing of the Fed rate hike weighed on stocks. Among the top ETFs, investors saw (SPY - Free Report) lose about 0.23%, (DIA - Free Report) shed about 0.3% and (QQQ - Free Report) retreat about 0.6% 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:
This U.S. small-cap momentum ETF was under the microscope on Thursday as nearly 97,500 shares moved hands. This compares to an average trading volume of 28,000 shares and came as DWAS gained about 0.1% in the session.
The movement can be credited to the ongoing U.S. economic recovery. In the last one-month period, DWAS was up about 2.9%.
This Spain ETF was in focus yesterday as roughly 3.9 million shares moved hands compared with an average of roughly 1.33 million shares. EWP gained about 1.6% on the day. In the last one-month period, EWP was up over 6.9%. The fund has a Zacks ETF Rank #3 (Hold).
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U.S. Small-Cap & Spain: 2 ETFs Trading with Outsized Volume
In the last trading session, U.S. stocks were mostly in the red. The absence of any addition or extension in ECB stimulus and uncertainty surrounding the timing of the Fed rate hike weighed on stocks. Among the top ETFs, investors saw (SPY - Free Report) lose about 0.23%, (DIA - Free Report) shed about 0.3% and (QQQ - Free Report) retreat about 0.6% 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:
(DWAS - Free Report) : Volume 3.61 times average
This U.S. small-cap momentum ETF was under the microscope on Thursday as nearly 97,500 shares moved hands. This compares to an average trading volume of 28,000 shares and came as DWAS gained about 0.1% in the session.
The movement can be credited to the ongoing U.S. economic recovery. In the last one-month period, DWAS was up about 2.9%.
(EWP - Free Report) : Volume 2.96 times average
This Spain ETF was in focus yesterday as roughly 3.9 million shares moved hands compared with an average of roughly 1.33 million shares. EWP gained about 1.6% on the day. In the last one-month period, EWP was up over 6.9%. The fund has a Zacks ETF Rank #3 (Hold).
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 >>