U.S. Markets closed

Financials & Consumer Staples: 2 ETFs to Watch on Outsized Volume

Sanghamitra Saha
Franklin Templeton has launched three new geographically focused ETFS linked to market-cap-weighted foreign stock indexes.

In the last trading session, U.S. stocks were mixed. Among the top ETFs, investors saw SPY gain 0.13%, DIA lose 0.04%, and QQQ move higher by about 0.5% 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:

VFH: Volume 4.52 times average

This financial ETF was in the spotlight on Tuesday as about 2.71 million shares moved hands compared with an average of 635,000 shares a day. We also saw some price movement as VFH lost about 0.5% last session.

The move was probably the result of the stable benchmark U.S. Treasury yields. VFH has lost 0.5% in the past month.

FXG: Volume 3.98 times average

This consumer staples ETF was under the microscope on Tuesday as nearly 223,478 shares moved hands. This compares with an average trading day of roughly 59,360 shares and came as FXG gained about 0.2% in the trading session.

The movement can largely be credited to investors’ rush to safety amid political tensions pertaining mainly to world trade. FXG has gained 1.5% in a month’s time.

Want key ETF info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
 


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
 
SPDR-DJ IND AVG (DIA): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
SPDR-SP 500 TR (SPY): ETF Research Reports
 
FT-CONSUMR STP (FXG): ETF Research Reports
 
VIPERS-FINANCL (VFH): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research
 
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