During the last trading session, Wall Street was extremely optimistic. Among the top ETFs, SPY was up 2.6%, DIA was up around 2.9% while QQQ was up 2.4% on the day.
Two more specialized ETFs are worth noting, as they both saw trading volume well outside of normal. In fact, both of these funds recorded volume levels that were more than double their average for the last trading session. This could make these ETFs ones to watch in the coming days to see if this trend of additional interest continues.
SPXS: Volume 2.76 times the average
This S&P 500 inverse leveraged ETF was under the microscope as around 60.84 million shares moved. This compares to an average trading volume of around 22.04 million shares and came as SPXS lost more than 7% in the last trading session. SPXS is up 29.7% in one month.
RYT: Volume 3.90 times the average
This tech ETF was in the spotlight with around 180,065 shares traded against an average of 45,860 shares per day. We also saw some price movement as RYT gained 2.5% in the last session. RYT has fallen 10.2% over the past month.
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Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (SPY): ETF Research Reports
SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports
Invesco S&P 500 Equal Weight Technology ETF (RYT): ETF Research Reports
Direxion Daily S&P 500 Bear 3X Shares (SPXS): ETF Research Reports
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