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Emerging Market and Dividend: 2 ETFs to Watch on Outsized Volume

Sweta Killa

In the last trading session, U.S. stocks managed to hold on to gains in what was overall a rocky session. Among the top ETFs, investors saw SPY adding 0.2%, DIA gaining 0.7%, and QQQ move higher by 0.1 % 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.

PIE: Volume 5.43 Times Average

This emerging market ETF was under the microscope as 478,000 shares moved hands. This compares with average trading volume of roughly 94,000 shares and came as PIE gained 1.6% in the trading session.

The big move was largely the result of Fed’s dovish stance and China’s stimulus plan that can have a big impact on stocks like the ones we find in this ETF portfolio. PIE has shed 4.4% over the past month and has a Zacks ETF Rank #4 (Sell) with a Medium risk outlook.

HDV: Volume 3.28 Times Average

This dividend ETF was in the spotlight as around 3.6 million shares moved hands compared with average 1.2 million shares a day. We also saw some price movement as HDV added 0.2% in the last session.

The movement can largely be blamed on worries over global growth and lingering U.S.-China trade spat that has raised the appeal for dividend investing. HDVV has gained 4.5% in a month’s time and carries a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook.

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