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Leveraged Mid-Cap and Short-Term Government Bond: 2 ETFs to Watch on Outsized Volume


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In the past trading session, U.S. stocks were in the green. For the top ETFs, investors saw SPY gain 0.5%, DIA move higher by 0.4% and QQQ gain 0.8% on the day.

Two more specialized ETFs are worth noting in particular though as both saw trading volume that was far outside of normal. In fact, both of these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs ones to watch in the days ahead to see if this trend of extra-interest continues:

MIDU : Volume 3.4 times average.

This leveraged mid-cap ETF was in focus yesterday as roughly 172,000 shares moved hands compared to an average of roughly 51,000 shares. We also saw some share price movement as shares of MIDU gained 3%.

The outsized trading was due to the improved investor sentiment toward the economy after reports of easing trade tensions and dovish Fed minutes. For the month, MIDU is down 7.9%.

VGSH : Volume 3.3 times average.

This short-term government bond ETF was under the microscope yesterday as nearly 4 million shares moved hands. This compares to an average trading day of 1.2 million shares and came as VGSH gained 0.02%

The big move was largely the result of Fed officials comment that the future path of rate hikes is less clear given the uncertain global growth scenario and muted inflation. This is beneficial for bond ETFs. VGSH is up 0.3% in the past month; though shares currently have a Zacks ETF Rank #4 (Sell).

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SPDR-DJ IND AVG (DIA): ETF Research Reports

VANGD-ST GOV BD (VGSH): ETF Research Reports

DIRX-MC BULL 3X (MIDU): ETF Research Reports

NASDAQ-100 SHRS (QQQ): ETF Research Reports

SPDR-SP 500 TR (SPY): 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.





This article appears in: Investing , ETFs
Referenced Symbols: DIA , VGSH , MIDU , QQQ , SPY



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