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

Searching now at week-over-week shares outstanding changes with the universe of ETFs covered at ETF Channel, one standout is the SPDR – S&P 500 – ETF Trust (Symbol: SPY) exactly where we’ve detected an approximate $1.2 billion dollar inflow — that’s 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 aproximatelly 0.7 %, JPMorgan Chase & Co (Symbol: JPM) is off about 0.5 %, and Walt Disney Co. (Symbol: DIS)  is lower by about 2.3 % and this is its disney stock price history. For a thorough list of holdings, visit the SPY Holdings page » The chart below shows the one yr price 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 fifty two week high point – that compares with a very last trade of $372.32. Comparing the most recent share price to the 200 day moving average may additionally be a useful complex analysis technique — learn more about the 200 day moving average ».

Exchange traded funds (ETFs) trade just like stocks, but instead of’ shares’ investors are in fact buying and selling’ units’. These’ units’ can be traded again as well as forth just love stocks, but can furthermore be created as well as destroyed to accommodate investor demand. Weekly we monitor the week-over-week change in shares outstanding details, to keep a lookout for those ETFs experiencing notable inflows (many new devices created) or perhaps outflows (many old products destroyed). Development of new units will mean the underlying holdings of the ETF have to be purchased, while destruction of products involves selling underlying holdings, thus large flows can also affect the individual pieces held within ETFs.

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