FYI: The renewed bout of equity volatility sent exchange-traded fund volumes through the roof during the final days of July and first few days of August.
More than 142 million shares of the SPDR S&P 500 ETF Trust changed hands Thursday, according to data compiled by Bloomberg. That was the highest in three months, with trades surpassing $42 billion, the most this year. A strategy that benefits from turbulence in U.S. stocks, known as VXX, saw the biggest turnover since at least January. Heavy volume for SPY continued to trickle in on Friday as the jobs data did little to change the outlook for rate policy.
Regards,
Ted
https://www.fa-mag.com/news/trading-in-etfs-spikes-to-2019-highs-as-trump--fed-rattle-stocks-50900.html?print
