TradingMarkets 7 ETFs You Need to Know for Wednesday
Oversold conditions have brought a number of ETFs lower, especially in emerging markets where funds are trading below both their 200- and 5-day moving averages. The major markets were also lower, with the S&P 500 continuing to move lower and becoming increasingly oversold.
Here are 7 ETFs You Need to Know for Wednesday.
Still the most widely traded exchange-traded fund, the S&P 500 Index SPDRS, SPY
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Among the ETFs that are performing well during this holiday-shortened week are the iShares iBoxx High Yield Corporate Bond ETF, HYG
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Also higher this week is the Ultra Real Estate ProShares ETF, URE
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ETF traders and investors can also focus on specific types of stocks – such as small cap and midcap stocks – by way of exchange-traded funds. Traders looking for exposure to small cap stocks, for example, can turn to the iShares S&P 600 Small Cap Index ETF, IJR
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After months of soaring higher, the CurrencyShares Japanese Yen Trust ETF, FXY
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Emerging markets continue to be under pressure as ETFs such as the iShares Brazil Index Fund ETF, EWZ
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