We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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.
Healthcare and Dividend: 2 ETFs to Watch on Outsized Volume
Read MoreHide Full Article
In the last trading session, U.S. stocks inched up thanks to strength in oil prices. Among the top ETFs, investors saw SPY go up 0.16%, DIA gain 0.11% but QQQ decline 0.25% 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:
This healthcare ETF was under the microscope yesterday as more than 225,500 shares moved hands. This compares with an average trading day of around 72,000 shares and came as IHF remained broadly flat in the session.
The movement can largely be blamed on the failure of a couple of important drugs in clinical trials that can have a big impact on the healthcare stocks like what we find in this ETF portfolio. IHF was up 3.6% in the past one month and currently has a Zacks ETF Rank of 1 or ‘Strong Buy’ rating with a Medium risk outlook.
This U.S. Quality Dividend Growth ETF was in the spotlight yesterday as almost 237,800 shares moved hands. This compares to an average trading day of 94,000 shares. DGRW was down about 0.2% in the session.
The movement can largely be attributed to a slump in bond yields which made the dividend-focused funds more attractive. DGRW rose 2.4% in the past one-month period. The fund currently has a Zacks ETF Rank #2 or ‘Buy’ rating with a Medium risk outlook and may be interesting for longer-term investors.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Healthcare and Dividend: 2 ETFs to Watch on Outsized Volume
In the last trading session, U.S. stocks inched up thanks to strength in oil prices. Among the top ETFs, investors saw SPY go up 0.16%, DIA gain 0.11% but QQQ decline 0.25% 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:
(IHF - Free Report) : Volume 3.26 times average
This healthcare ETF was under the microscope yesterday as more than 225,500 shares moved hands. This compares with an average trading day of around 72,000 shares and came as IHF remained broadly flat in the session.
The movement can largely be blamed on the failure of a couple of important drugs in clinical trials that can have a big impact on the healthcare stocks like what we find in this ETF portfolio. IHF was up 3.6% in the past one month and currently has a Zacks ETF Rank of 1 or ‘Strong Buy’ rating with a Medium risk outlook.
(DGRW - Free Report) : Volume 2.60 times average
This U.S. Quality Dividend Growth ETF was in the spotlight yesterday as almost 237,800 shares moved hands. This compares to an average trading day of 94,000 shares. DGRW was down about 0.2% in the session.
The movement can largely be attributed to a slump in bond yields which made the dividend-focused funds more attractive. DGRW rose 2.4% in the past one-month period. The fund currently has a Zacks ETF Rank #2 or ‘Buy’ rating with a Medium risk outlook and may be interesting for longer-term investors.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>