In the last trading session, U.S. stocks were mixed. Among the top ETFs, investors saw (AX:SPY) losing about 0.3%, (V:DIA) gaining about 0.2% and QQQ move higher by 0.03% on the day. There was an air of optimism in the market on news that China made the ninth largest one-day purchase of U.S. soybeans in a decade. This gave cues of a trade truce between the duo.
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.
IWV : Volume 3.33 times average
This all-cap U.S. ETF was in the spotlight yesterday as nearly 1.26 million shares moved hands compared with an average of roughly 379,990 million shares a day. The fund lost about 0.2% in the last trading session and was down about 2.8% in the past one month.
BSV : Volume 2.97 times average
This short-term U.S. Treasury and agency obligations ETF was under the microscope yesterday as about 5.6 million shares changed hands. This compares to the average trading volume of around 1.88 million shares and came as BSV gained about 0.1% in the session. The fund gained despite rising rate concerns. The fund has added about 0.7% in the past one month.
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SPDR-DJ IND AVG (DIA): ETF Research Reports
ISHARS-RS 3K (IWV): ETF Research Reports
SPDR-SP 500 TR (SPY (NYSE:SPY
NASDAQ-100 SHRS (QQQ): ETF Research Reports
VANGD-SHT TRM B (BSV): ETF Research Reports
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Zacks Investment Research