U.S. Global Jets ETF, iShares MSCI USA Quality Factor ETF, iShares S&P 500 Value ETF had the highest volumes yesterday.
Here's an update with information from the last trading session: Leading equity indices in the US declined as Nasdaq shed 0.85% and closed at 11,929. S&P 500 closed at 4,092, a 0.41% change.
Why trading volume matters?
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Though trading was down yesterday, some etfs reached high volumes. Here is an update.
U.S. Global Jets ETF hit a significant low of $17.29 around 20 days ago, but has since recovered 7.58%.
IShares MSCI USA Quality Factor ETF is now trading 19.76% above the significant low ($103.82) it slumped to 5 months ago. The fund has been trending positively for about 30 days.
Shareholders to attain annual dividend yield of 1.18% this year
After hitting an important low of $128.52 approximately 6 months ago, iShares S&P 500 Value ETF has bounced back 18.06% since. The fund has been trending positively for about 30 days.
— Average trading volume refers to a 21-day rolling average.