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

Searching now at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR – S&P 500 – ETF Trust (Symbol: SPY) exactly where we have recognized an approximate $1.2 billion dollar inflow — that is a 0.4 % increase week over week in great products (from 879,930,000 to 883,080,000). Among the largest underlying components of SPY, in trading today Facebook Inc (Symbol: FB) is down aproximatelly 0.7 %, JPMorgan Chase & Co (Symbol: JPM) is actually 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 an extensive list of holdings, visit the SPY Holdings page » The chart below shows the one year price functionality 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 52 week high point – which compares with a last trade of $372.32. To compare the newest share cost to the 200 day moving average could additionally be a valuable technical 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 actually buying as well as selling’ units’. These’ units’ can be traded back and forth simply like stocks, but can certainly additionally be created or destroyed to accommodate investor demand. Every week we monitor the week-over-week change of shares great details, to keep a watch for people ETFs experiencing important inflows (many new units created) or perhaps outflows (many used products destroyed). Development of new units will imply the underlying holdings of the ETF need to be purchased, while destruction of units consists of selling underlying holdings, so big flows could also impact the individual pieces held inside ETFs.

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