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

Looking today at week-over-week shares great changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR – S&P 500 – ETF Trust (Symbol: SPY) where we’ve detected an approximate $1.2 billion dollar inflow — that is a 0.4 % increase week over week in outstanding items (from 879,930,000 to 883,080,000). Among probably the largest underlying components of SPY, in trading today Facebook Inc (Symbol: FB) is down about 0.7 %, JPMorgan Chase & Co (Symbol: JPM) is off aproximatelly 0.5 %, and Walt Disney Co. (Symbol: DIS)  is actually lower by about 2.3 % and this is its disney stock price history. For an extensive list of holdings, go to the SPY Holdings page » The chart below shows the one entire year price operation of SPY, compared 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 – that compares with a last trade of $372.32. Comparing the most recent share cost to the 200 day moving average can additionally be a helpful technical analysis technique — learn more about the 200 day moving average ».

Exchange traded funds (ETFs) trade just like stocks, but instead of’ shares’ investors are now purchasing and selling’ units’. These’ units’ can be traded back and forth simply like stocks, but may furthermore be created or destroyed to accommodate investor demand. Weekly we monitor the week-over-week change in shares outstanding data, to keep a watch for people ETFs experiencing notable inflows (many new products created) or even outflows (many used units destroyed). Creation of new products will suggest the underlying holdings of the ETF need to be obtained, while destruction of units entails selling underlying holdings, for this reason large flows could also affect the individual pieces held within ETFs.

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