IShares Silver Trust, iShares U.S. Real Estate ETF, iShares Gold Trust had the highest volumes yesterday.
Yesterday's session summary: Leading equity indices in the US declined as after dropping 0.59%, Dow Jones closed at 33,400. S&P 500 slipped 0.58% and closed at 4,100.6.
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.
IShares Silver Trust hit a significant low of $16.38 around 7 months ago, but has since recovered 34.68%.
Approximately 11 months ago, iShares U.S. Real Estate ETF reached a significant high of $112.38 but has struggled to hold onto its gains and declined 25.05% since then.
Having set a significant high of $38.35 a day ago, iShares Gold Trust is trading 1.83% lower. The fund has been trending positively for about a month.
— Average trading volume refers to a 21-day rolling average.