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In its latest look at ETFs to watch, Zacks.com pointed to palladium focused ETFS Physical Palladium Shares (NYSEARCA:PALL). Zacks noted that the ETF recently saw 3.6 times its average volume.
In its latest look at ETFs to watch, Zacks.com pointed to palladium focused ETFS Physical Palladium Shares (NYSEARCA:PALL). Zacks noted that the ETF recently saw 3.6 times its average volume.
As quoted in the publication:
This palladium ETF was in focus yesterday as about 99,000 shares moved hands compared to an average of roughly 29,000 shares. We also saw some price movement as PALL gained 1.6% in the past session.
The big move was largely the result of increasing volatility in the stock market that has increased appeal for precious metals. For the past one-month period, PALL was down nearly 8%. The fund currently has a Zacks ETF Rank #3 (Hold).