International Equity And Energy: 2 ETFs Trading With Outsized Volume

By | July 22, 2015

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In the past trading session, U.S. stocks were in the bearish territory as downbeat earnings from a number of Dow components weighed on the market. For the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) shed 0.4%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) lose about 1% and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move down by about 0.06% on the day. Two more specialized ETFs are worth noting 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: Vident International Equity ETF (NASDAQ: VIDI ) : Volume 3.64 times average This international large cap equities ETF was in focus yesterday as roughly 135,350 shares moved hands compared to an average of roughly 38,375 shares. We also saw some stock price movement as VIDI gained about 0.2%. The big move was largely the result of easing global tensions related to Greece and China as these can have a big impact on international stocks like what we find in this ETF’s portfolio. For the last one-month period, VIDI was down 4.21%. The fund carries a Zacks ETF Rank #3 (Hold). PowerShares Dynamic Energy Exploration & Production Portfolio ETF (NYSEARCA: PXE ) : Volume 3.25 times average This energy exploration and production ETF was under the microscope yesterday as nearly 81,000 shares moved hands. This compares to an average trading day of about 26,000 shares. PXE lost 0.2% on the session. The movement can largely be blamed on the lower crude prices thanks to the threat of a supply glut. Though the greenback lost some strength on the session, crude prices remained subdued on worries over weak demand and rising supplies. PXE was down over 8% in the last one-month period and currently has a Zacks ETF Rank #4 (Sell). Share this article with a colleague Scalper1 News

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