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SPY, JPM, FB, DIS: Large Inflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is actually the SPDR – S&P 500 – ETF Trust (Symbol: SPY) where we have detected an approximate $1.2 billion dollar inflow — that is a 0.4 % increase week over week in outstanding units (from 879,930,000 to 883,080,000). Among the largest underlying components of SPY, in trading today Facebook Inc (Symbol: FB) is actually down about 0.7 %, JPMorgan Chase & Co (Symbol: JPM) is off aproximatelly 0.5 %, and Walt Disney Co. (Symbol: DIS)  is lower by aproximatelly 2.3 % and this is its disney stock price history. For a comprehensive list of holdings, go to the SPY Holdings page » The chart below shows the one season priced performance of SPY, as opposed to its 200 day moving average.

SPY’s low point in its 52 week range is $218.26 per share, with $378.46 as the 52 week high point – which compares with a last trade of $372.32. To compare the newest share price to the 200 day moving average can additionally be a practical complex analysis strategy — learn more about the 200 day moving average ».

Exchange traded funds (ETFs) trade just like stocks, but instead of’ shares’ investors are actually buying as well as selling’ units’. These’ units’ can be traded back and forth just love stocks, but can certainly additionally be created as well as destroyed to accommodate investor demand. Every week we monitor the week-over-week change of shares outstanding details, to keep a lookout for anyone ETFs experiencing important inflows (many brand new products created) or outflows (many old products destroyed). Creation of new units will mean the underlying holdings of the ETF have to be purchased, while destruction of devices entails selling underlying holdings, thus large flows could also influence the individual components held inside ETFs.

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