2 ETFs to watch for excessive volume in short-term bonds and small caps
IDuring the last trading session, Wall Street offered a mixed performance. Among the best ETFs, TO SPY lost 0.9% and IAD lost 0.6%, while QQQ moved 1% lower on the day.
Two more specialized ETFs are worth noting as they both saw trading volume well outside normal. In fact, both of these funds recorded volume levels that were more than double their average for the last trading session. This could make these ETFs ones to watch in the coming days to see if this trend of additional interest continues.
BIL: Volume 2.63 times the average
This short-term Treasury bond ETF was in the spotlight with around 15.5 million shares traded against an average of 5.9 million shares per day. We also saw some price movement, with BIL losing 0.01% in the last session.
VB: Volume 4.47 times the average
This small-cap ETF was under the microscope as nearly 4.52 million shares moved. This compares to an average trading volume of around 1.01 million shares and came as VB lost 0.4% in the last trading session.
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Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (SPY): ETF Research Reports
SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports
SPDR Bloomberg 13 Month TBill ETF (BIL): ETF Research Reports
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.