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Healthcare and Value: 2 ETFs to Watch on Outsized Volume

Sweta Killa
Dividend stocks are major sources of consistent income for investors when returns from the equity market are at risk.

In the last trading session, U.S. stocks saw see-saw trading, falling for most of the day before rising again in late hours. Among the top ETFs, investors saw SPY gaining 0.8%, DIA adding 1.1%, and QQQ move higher by 0.4% 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:

FHLC: Volume 5.14 Times Average

This healthcare ETF was under the microscope as 2.1 million shares moved hands. This compares with an average trading day of roughly 439,000 shares and came as FHLC shed 1.1% in the trading session.

The big move was largely the result of high uncertainty, leading investors’ defensive tilt that can have a big impact on healthcare stocks like what we find in this ETF portfolio. FHLC has lost 7.1% over the past month and carries a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

SCHV: Volume 4.80 Times Average

This value ETF was in the spotlight as more than 4.2 million shares moved hands compared with an average of 939,000 shares a day. We also saw some price movement as SCHV gained 1% in the last session.

The movement can largely be blamed on heightened volatility that led to higher appeal for value ETFs. SCHV has shed 7.8% in a month’s time and carries a Zacks ETF Rank #1 (Strong Buy) with a Medium risk outlook.

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SPDR-DJ IND AVG (DIA): ETF Research Reports
 
FID-H CARE (FHLC): ETF Research Reports
 
SCHWAB-US LCV (SCHV): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
SPDR-SP 500 TR (SPY): ETF Research Reports
 
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