In the last trading session, U.S. stocks were mixed. Among the top ETFs, investors saw (SPY - Free Report) and (QQQ - Free Report) gaining about 0.1% and 0.7%, respectively, while (DIA - Free Report) move lower by 0.1% on the day.
Two more specialized ETFs are also worth watching 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 of the last 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.
(PGF - Free Report) : Volume 4.06 times average
This financial preferred ETF was under the microscope yesterday as about 3.25 million shares changed hands. This compares to the average trading volume of around 800,000 shares and came as PGF gained about 0.7% in the session.
The big move was probably the result of investors’ demand for higher yield. The fund has added about 4.7% in the past one month.
(DBC - Free Report) : Volume 2.87 times average
This broad commodity ETF was in the spotlight yesterday as nearly 6.45 million shares moved hands compared with an average of roughly 2.25 million shares a day. The fund gained about 0.3% in the last trading session.
The movement can largely be credit to the rise in crude prices amid speculation that the United States may pose strict sanctions against Venezuela’s energy sector. Since the fund is heavy on crude, it saw solid trading volume. For the month, DBC is down about 5.2%.
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