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

Searching 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) just where we’ve recognized 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 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, visit the SPY Holdings page » The chart below shows the one annum price performance of SPY, compared to its 200 day moving average.

SPY’s low point in its fifty two week range is actually $218.26 per share, with $378.46 as the fifty two week high point – which compares with a last trade of $372.32. Comparing the newest share price to the 200 day moving average can in addition be a useful complex analysis technique — find out more about the 200 day moving average ».

Exchange traded funds (ETFs) trade just like stocks, but instead of’ shares’ investors are now purchasing as well as selling’ units’. These’ units’ can be traded back as well as forth just like stocks, but can certainly furthermore be developed or destroyed to accommodate investor demand. Every week we monitor the week-over-week change of shares outstanding data, to keep a lookout for anyone ETFs experiencing notable inflows (many new devices created) or perhaps outflows (many old devices destroyed). Creation of new products will mean the underlying holdings of the ETF need to be purchased, while destruction of products entails selling underlying holdings, thus big flows may also influence the individual components held inside ETFs.

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