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Nasdaq And Emerging Market: 2 ETFs Trading With Outsized Volume

In the past trading session, U.S. stocks were in the bearish territory as an overall negative tone from recent earnings took a beating on the market. For the top ETFs, investors saw the S PDR S&P 500 Trust ETF (NYSEARCA: SPY ) shed 0.6%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA ) lose over 0.6% and the PowerShares QQQ Trust ETF (NASDAQ: QQQ ) move down by about 0.4% 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: This Nasdaq-100 equal weighted ETF was in focus yesterday as roughly 308,000 shares moved hands compared to an average of roughly 87,000 shares. We also saw some stock price movement as QQEW lost about 0.04%. The move was largely the result of the recent Apple-induced volatility in Nasdaq as these can have a big impact on tech stocks like what we find in this ETF’s portfolio. For the last one-month period, QQEW was down 0.7%. The fund carries a Zacks ETF Rank #3 (Hold). F lexShares Morningstar Emerging Markets Factor Tilt Index ETF (NYSEARCA: TLTE ): Volume 3.34 times average This emerging market ETF was under the microscope yesterday as nearly 55,000 shares moved hands. This compares to an average trading day of about 16,000 shares. TLTE lost about 1% on the session. The big movement can largely be blamed on the sooner-than-expected prospect of a Fed rate hike as existing home sales jumped at the fastest pace in eight years in June while median home prices hit a record high on the back of economic well-being. TLTE was down about 7% in the last one-month period and currently has a Zacks ETF Rank #3. Link to the original article on Zacks.com Share this article with a colleague