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U.S. Short-Term Treasury & Global: Two ETFs Trading with Outsized Volume

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In the last trading session, U.S. stocks were in green, brushing aside lingering concerns over global growth worries. Among the top ETFs, investors saw SPY gain about 1.9%, DIA add about 1.5% and QQQ move higher by about 2.3% 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 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 out for in the days ahead to see if this trend of extra interest continues:

SHY : Volume 4.26 times average

This U.S. short-term U.S. Treasury bond ETF was under the microscope yesterday as nearly 9.5 million shares moved hands. This compares to an average trading day of 2.24 million shares and came as SHY returned 0.02% in the session.

The movement can largely be attributed to no change in yields in short-term (ranging from one to three years) Treasury bonds yesterday while long-term bonds saw a nudge-up in yields. The fund has a Zacks ETF Rank #3 (Hold). For the month, SHY is up about 0.3%.

ACWI : Volume 3.60 times average

This global equities ETF was in focus yesterday as roughly 6.89 million shares moved hands compared to an average of roughly 1.92 million shares. We also saw some stock price movement as shares of ACWI added about 2.1% yesterday.

The recent correction, a still-supportive Fed and no more economic shockers from anywhere of the globe possibly gave global stocks this nice bounce. The fund has a Zacks ETF Rank #2 (Buy). However, for the month, ACWI is down about 3.4%.

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ISHARS-1-3YTB (SHY): ETF Research Reports

ISHRS-MSCI ACWI (ACWI): ETF Research Reports

SPDR-SP 500 TR (SPY): ETF Research Reports

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

NASDAQ-100 SHRS (QQQ): 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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