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Volume today topped 1.5 million shares, about 5x the average daily turnover in the shares.
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NM, and it manages less than a fifth of its rival's daily turnover.
ECONOMIST: European stockmarkets
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The AUM haul is decent enough here to tell us that despite average daily turnover of less than 10, 000 shares, PEK has staying power.
FORBES: Five Low-Volume ETFs Worth a Look
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Because the ETF trades like any other stock, the investor should also examine the daily turnover of the ETF itself for much the same reason.
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It is also time to put to rest a popular but fallacious view that since central-bank reserves equal only a fraction of the daily turnover on foreign-exchange markets, intervention is merely a drop in the bucket.
ECONOMIST: Interventionist
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Aggregate ETF turnover in the U.S. exceeds turnover in stocks: in 2008, the average daily turnover of the five largest ETFs was three times as large as that of the largest stocks, according to NYSE Euronext.
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Using a trailing three-month daily trading average of less than 50, 000 shares, we decided to investigate five ETFs that could be considered low volume in terms of daily share turnover, but that are worth taking a gander at anyway.
FORBES: Five Low-Volume ETFs Worth a Look