IShares Trust – iShares Global Clean Energy ETF, KraneShares CSI China Internet ETF, iShares Russell Mid-Cap Value ETF and others reached higher-than-usual trading volumes.
A quick recap of where the last trading session ended: Leading equity indices in the US declined as S&P 500 shed 0.67% and closed at 3,695. Nasdaq slipped 0.85% and closed at 10,681.
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.
ICLN closed at $17.78 after losing 2.95% yesterday
A tough session dominated by bearish sentiment left ICLN 54 cents lower, while setting a $17.65 to $18 session range.
KWEB lost 6.92% yesterday, ending at $21 A bad day for KraneShares CSI China Internet ETF yesterday, losing 6.92%
A tough session dominated by bearish sentiment left KWEB $1.55 lower, while setting a $20.89 to $21.95 session range.
KraneShares CSI China Internet ETF hit a significant low of $21 around a day ago, but has since recovered 7.43%.
IWS falls back to $99 after shedding 1.47% yesterday
IShares Russell Mid-Cap Value ETF slid into the red after losing $1.46 and ending the session at $99.
Having set a significant low of $96.05 20 days ago, iShares Russell Mid-Cap Value ETF is trading 4.59% higher.
— Average trading volume refers to a 21-day rolling average.