MLP And Small Cap Growth: 2 ETFs To Watch On Outsized Volume

By | December 29, 2015

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In the last trading session, the U.S. stocks ended slightly lower but booked solid gains for the shortened Christmas week. Among the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA: SPY ) and the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) lose 0.3% each and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move lower by 0.02% on the day. Two more specialized ETFs are worth noting 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: i Path S&P MLP ETN (NYSEARCA: IMLP ): Volume 6.01 times average This MLP ETF was under the microscope in the last trading session as around 717,000 shares moved hands. This compares with an average trading day of around 146,000 shares and came as IMLP gained 0.8% in the session. The movement can largely be blamed on the pre-Christmas rally in oil price following the better-than-expected inventory data and a bullish report from OPEC that can have a big impact on the MLP stocks like what we find in this ETF portfolio. IMLP was down 5.2% in the past one month. Vanguard Russell 2000 ETF (VTWO ): Volume 2.50 times average This small cap growth ETF was in focus in the last trading session as more than 138,000 shares moved hands compared with an average of roughly 57,000 shares a day. We also saw some price movement as VTWO gained 0.4% in the session. The big move was largely the result of the anticipation of a Santa Claus rally. In the past one-month period, VTWO was down 3.9% and has a Zacks ETF Rank of 2 or ‘Buy’ rating with a Medium risk outlook. Link to the original post on Zacks.com Scalper1 News

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