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Healthcare and Value: 2 ETFs to Watch for Outsized Volume

The last trading session was choppy for U.S. stocks as coronavirus cases surged and the prospect of a new stimulus bill faded. Among the top ETFs, SPY lost 1.8%, DIA shed 2.2% and QQQ moved 1.5% 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.

IHF: Volume 4.31 Times Average

This healthcare ETF was in the spotlight as around 59,000 shares moved hands compared with an average 26,000 shares a day. We also saw some price movement as IHF shed 2% in the last session.

The movement can largely be blamed on deteriorating economic fundamentals that will continue to keep demand for healthcare services intact. IHF has gained 8.8% over the past month and carries a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.

SPYV: Volume 2.64 Times Average

This value ETF was under the microscope as nearly 5.9 million shares moved hands. This compares with an average trading volume of roughly 2.3 million shares and came as SPYV lost 1.9% in the last trading session.

The move was largely the result of market turbulence that could have a big impact on value stocks like the ones that we find in this ETF portfolio. SPYV has added 3.7% in a month’s time. It has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

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SPDR SP 500 ETF (SPY): ETF Research Reports
 
Invesco QQQ (QQQ): ETF Research Reports
 
SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports
 
iShares U.S. Healthcare Providers ETF (IHF): ETF Research Reports
 
SPDR Portfolio SP 500 Value ETF (SPYV): ETF Research Reports
 
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