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High-Yield and Pacific: 2 ETFs to Watch on Outsized Volume

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In the last trading session, U.S. stocks were in the green thanks to the optimism surrounding Trump’s promised policies of fiscal reflation. Among the top ETFs, investors saw SPY and DIA add about 0.6% and QQQ move higher by 0.4% 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:

(HYS - Free Report) : Volume 5.91 times average

This short-term high-yield ETF was under the microscope yesterday as about 2.6 million shares moved hands. This compares with an average trading day of around 448,250 shares and came as HYS added 0.14% in the session.

The move was largely the result of investors showing interest on high-yield securities in a rising rate environment, at the same time not exposing themselves to interest rate fluctuations heavily. HYS added 0.3% in the past one month.

(VPL - Free Report) : Volume 3.84 times average

This Asia Pacific ETF was in the spotlight yesterday as nearly one million shares moved hands compared with an average of roughly 280,000 shares a day. We also saw some price movement as VPL gained nearly 0.03% last session.

The movement can largely be credited to improving global market fundamentals and upbeat Chinese trade data. VPL was up 2.3% in the past one month and has a Zacks ETF Rank of 3 or ‘Hold’ rating with a Medium risk outlook.

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