2 ETFs to Watch for Outsized Volume on Regional Banks & Large-Cap Value

In the last trading session, Wall Street was extremely downbeat. Among the top ETFs, SPY declined 0.84%, DIA retreated about 0.4% while QQQ moved 1.23% lower 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 the ones to watch out for in the days ahead to see if this trend of extra-interest continues.

IAT: Volume 5.17 Times Average

This regional banks ETF was under the microscope as about 538,475 shares moved hands. This compares with an average trading volume of roughly 133,480 million shares and came as IAT lost about 2.6% in the last trading session. IAT is down 7.1% in a month’s time.

PRF: Volume 4.24Times Average

This regional banks ETF was under the microscope as about 538,475 shares moved hands. This compares with an average trading volume of roughly 133,480 million shares and came as IAT lost about 2.6% in the last trading session. IAT is down 7.1% in a month’s time.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
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
 
iShares U.S. Regional Banks ETF (IAT): ETF Research Reports
 
Invesco FTSE RAFI US 1000 ETF (PRF): ETF Research Reports
 
To read this article on Zacks.com click here.
 
Zacks Investment Research