In the last trading session, U.S. stocks continued to see rough trading on renewed trade tensions and Trump’s Huawei ban. Among the top ETFs, investors saw SPY shed 0.7%, (DIA - Free Report) lose 0.3%, and QQQ move 1.7% lower 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.
TLTE: Volume 4.45 Times Average
This emerging markets ETF was in the spotlight as around 155,600 shares moved hands compared with an average 35,000 shares a day. We also saw some price movement as TLTE lost 10.5% in the last session.
The movement can largely be blamed on renewed trade tensions that sent emerging market stocks into a tailspin. TLTE has shed 10.5% in a month’s time.
INDL:Volume 2.66 Times Average
This leveraged India ETF was under the microscope as 222, 385 shares moved hands. This compares with average trading volume of roughly 41,300 shares and came as INDL gained 12.7% in the trading session.
The big move was largely the result of higher chances of prime minister Narendra Modi’s Bharatiya Janata Party (BJP) winning the general election for the second term. Modi’s government is viewed as investor-friendly. INDL has lost 0.8% over the past month.
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