Two more specialized ETFs are worth noting in particular though as both saw trading volume that was far outside of normal. In fact, in the most recent trading session, both these funds experienced volume levels that were more than double their average. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra interest continues:
(GYLD – Free Report) : Volume 4.16 times average
This multi-asset ETF was in focus yesterday as over 150,000 shares moved hands compared with an average of roughly 37,000 shares. GYLD lost about 0.3% on the day.
The fund was possibly under the radar as it yields about 7.34% annually and gives exposure to several asset classes including equity, debt and global alternatives for the diversification benefit. In the last one-month period, GYLD was up over 3.6%.
The Northern Lights ETF Trust (NYSE:GYLD) was unchanged in premarket trading Thursday. Year-to-date, GYLD has gained 12.59%, versus a 11.21% rise in the benchmark S&P 500 index during the same period.
(TLTD – Free Report) : Volume 3.71 times average
This developed international market ETF was under the microscope yesterday as nearly 150,000 shares moved hands. This compares with an average trading volume of 40,000 shares and came as TLTD lost about 0.1% in the session. In the last one-month period, TLTD was up over 1.7%.
The Flexshares Trust (NYSE:TLTD) was unchanged in premarket trading Thursday. Year-to-date, TLTD has gained 3.38%, versus a 11.21% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of Zacks Research.