Palladium And Small Cap Value: 2 ETFs To Watch On Outsized Volume

By | July 28, 2015

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Originally published on July 27, 2015 In the last trading session, the U.S. stocks extended their four-day decline and witnessed the biggest weekly loss in months. Among the top ETFs, investors saw SPY lose 1%, DIA shed 3.7% and QQQ move lower by 1% 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: ETFS Physical Palladium Shares (NYSEARCA: PALL ): Volume 3.6 times average This palladium ETF was in focus yesterday as about 99,000 shares moved hands compared to an average of roughly 29,000 shares. We also saw some price movement as PALL gained 1.6% in the past session. The big move was largely the result of increasing volatility in the stock market that has increased appeal for precious metals. For the past one-month period, PALL was down nearly 8%. The fund currently has a Zacks ETF Rank #3 (Hold). SPDR S&P 600 Small Cap Value ETF (NYSEARCA: SLYV ): Volume 2.4 times average This small cap value ETF was under the microscope yesterday as more than 41,000 shares moved hands. This compares to an average trading day of less than 18,000 shares and came as SLYV lost 1.4% in the session. The movement can largely be blamed on the surprise decline in U.S. new home sales number, which can have a huge impact on small cap stocks like the ones we find in this ETF portfolio. SLYV was down 6.6% in the past month and currently has a Zacks ETF Rank #3. Original Post Share this article with a colleague Scalper1 News

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