Consumer Discretionary And Mid Cap: 2 ETFs To Watch On Outsized Volume

By | August 11, 2015

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In the last trading session, U.S. stocks fell following solid job gains in July, which has increased the chances of the Fed pulling its trigger on the first rate hike in almost a decade. Among the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) lose 0.2%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) shed 0.2% and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move lower by 0.1% on the day. Two more specialized ETFs are worth noting, as both saw trading volume that was far outside of normal. In fact, for the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs ones to watch out for in the days ahead to see if this trend of extra interest continues: Vanguard Consumer Discretionary ETF (NYSEARCA: VCR ): Volume 3.18 times average This consumer discretionary ETF was in focus yesterday, as more than 387,000 shares moved hands, compared to an average of roughly 126,000. We also saw some share price movement, as VCR lost 0.1% in the past session. The big move was largely the result of solid July job numbers that indicate stepped-up momentum in the U.S. economy. VCR was up nearly 2.1% in the month, and currently has a Zacks ETF Rank of #2 (Buy). It may an interesting option for longer-term investors. Vanguard Mid Cap ETF (NYSEARCA: VO ): Volume 2.79 times average This mid-cap ETF was under the microscope yesterday, as nearly 776,000 shares moved hands. This compares to an average trading day of 291,000 shares, and came as VO lost nearly 0.1% on the session. The movement can largely be blamed on the growing concerns over interest rates hike and the resultant stronger greenback that can have a huge impact on mid-cap stocks like what we find in this ETF’s portfolio. VO was up nearly 1.2% in the past month, and currently has a Zacks ETF Rank of #3 (Hold). Original Post Share this article with a colleague Scalper1 News

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