U.S. Markets closed

Real Estate and Short-Term Treasury: 2 ETFs to Watch on Outsized Volume

Sweta Killa
Sector ETF report for FSTA

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 gaining 0.1%, DIA adding 0.05% and QQQ move 0.4% higher 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.

FRI: Volume 6.69 Times Average

This real estate ETF was under the microscope as 505,000 shares moved hands. This compares with an average trading day of roughly 72,000 shares and came as FRI shed 2.5% in the trading session.

The big move was largely the result of falling yields that can have a big impact on real estate stocks like what we find in this ETF portfolio. FRI has lost 10.5% over the past month and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.

SHV: Volume 4.73 Times Average

This short-term Treasury ETF was in the spotlight as around 11.5 million shares moved hands compared with average 2.6 million shares a day. We also saw some price movement as SCHV gained 0.01% in the last session.

The movement can largely be blamed on concerns about global growth and interest rates that have raised the demand for short-term Treasury ETFs. SHV has added 0.2% in a month’s time and carries a Zacks ETF Rank #4 (Sell) with a Medium risk outlook.

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
 
ISHARS-SH TB (SHV): ETF Research Reports
 
FT-SP REIT IDX (FRI): ETF Research Reports
 
NASDAQ-100 SHRS (QQQ): ETF Research Reports
 
SPDR-SP 500 TR (SPY): 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