In the last trading session, U.S. stocks bounced back. Among the top ETFs, investors saw (SPY - Free Report) and (DIA - Free Report) gain by 1% each, while (QQQ - Free Report) added about 1.3% 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 ones to watch out for in the days ahead to see if this trend of extra-interest continues:
QUAL: Volume 5.20 Times Average
This quality ETF was under the microscope yesterday as about 3.22 million shares moved hands. This compares with an average trading day of roughly 620,000 shares and came as QUAL shed about 1.1% in the trading session.
Though global stocks have been charged-up in November, worries regarding trade and rising rates are not gone yet. The fund was down about 6.9% in a month’s time.
FXR: Volume 3.14 Times Average
This industrial ETF was in the spotlight yesterday as nearly 822,000 shares moved hands compared with an average of 261,520 shares a day. We also saw some price movement as FXR gained about 2.8% in the last session.
The big move was largely the result of the signs of an improvement in U.S.-China trade tensions. FXR has lost 10% in the past month.
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