I n the last trading session, Wall Street continued to lose. Amongst the leading ETFs, SPY decreased 3.2%, DIA pulled away about 2% while QQQ moved 3.9% lower on the day.
2 more specific ETFs deserve keeping in mind as both saw trading volume that was far beyond typical. In reality, both these funds skilled volume levels that were more than double their average for the most-recent trading session. This might make these ETFs the ones to look out for in the days ahead to see if this pattern of extra-interest continues.
SCHB: Volume 3.32 Times Average
This all-cap mix ETF remained in the spotlight as around 7 million shares moved hands compared to approximately 2.12 million shares a day. We likewise saw some cost motion as SCHB lost 3.5% in the last session. SCHB has actually plunged 11.5% over the previous month.
VYM: Volume 2.34 Times Average
This dividend ETF was under the microscopic lense as about 4.68 million shares moved hands. This compares to a typical trading volume of approximately 2.0 million shares and came as VYM lost about 1.9% in the last trading session. VYM is down 5.3% in a month’s time and has a Zacks ETF Rank # 1 (Strong Buy).
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The views and viewpoints revealed herein are the views and viewpoints of the author and do not always show those of Nasdaq, Inc.