We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
2 ETFs to Watch for Outsized Volume on Bond and Emerging Markets
Read MoreHide Full Article
In the last trading session, Wall Street posted a loss at the close, giving up all the gains made earlier in the session. Among the top ETFs, (SPY - Free Report) lost 0.8%, DIA shed 0.6% and (QQQ - Free Report) moved 0.8% 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 ones to watch out for in the days ahead to see if this trend of extra-interest continues.
This bond ETF was in the spotlight as around 244,000 shares moved hands compared with an average of 38,000 shares a day. We also saw some price movement as ILTB lost 1% in the last session.
The move was largely the result of declining bond yields that could have a huge impact on bond ETFs like the ones we find in this ETF portfolio. ILTB has added 1.4% over the past month.
This emerging market ETF was under the microscope as nearly 185,000 shares moved hands. This compares with an average trading volume of roughly 33,000 shares and came as ECON lost 0.05% in the last trading session.
The movement can largely be blamed on a decline in the dollar against the basket of currencies that pulled in more capital into the emerging markets. ECON is up 1.4% in a month’s time and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
2 ETFs to Watch for Outsized Volume on Bond and Emerging Markets
In the last trading session, Wall Street posted a loss at the close, giving up all the gains made earlier in the session. Among the top ETFs, (SPY - Free Report) lost 0.8%, DIA shed 0.6% and (QQQ - Free Report) moved 0.8% 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 ones to watch out for in the days ahead to see if this trend of extra-interest continues.
(ILTB - Free Report) : Volume 6.25 Times Average
This bond ETF was in the spotlight as around 244,000 shares moved hands compared with an average of 38,000 shares a day. We also saw some price movement as ILTB lost 1% in the last session.
The move was largely the result of declining bond yields that could have a huge impact on bond ETFs like the ones we find in this ETF portfolio. ILTB has added 1.4% over the past month.
(ECON - Free Report) : Volume 5.95 Times Average
This emerging market ETF was under the microscope as nearly 185,000 shares moved hands. This compares with an average trading volume of roughly 33,000 shares and came as ECON lost 0.05% in the last trading session.
The movement can largely be blamed on a decline in the dollar against the basket of currencies that pulled in more capital into the emerging markets. ECON is up 1.4% in a month’s time and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.