ETF Outflow Alert: SPY, BRK.B, UNH, and NFLX Under Pressure

Published On: January 21, 2025 1:22 pm

SPDR S&P 500 ETF Sees Significant $3.2 Billion Outflow Amid Market Activity

Weekly Changes Reveal Trends in Shares Outstanding

Looking at changes in shares outstanding among ETFs this week, the standout is the SPDR S&P 500 ETF Trust (Symbol: SPY), which experienced a notable outflow of approximately $3.2 billion. This represents a 0.5% decrease in shares from 1,064,782,116 to 1,059,382,116.

For some of SPY’s largest holdings, today’s trading shows positive movement: Berkshire Hathaway Inc New (Symbol: BRK.B) has risen about 0.7%, UnitedHealth Group Inc (Symbol: UNH) is up around 1.9%, and Netflix Inc (Symbol: NFLX) has increased by about 0.6%. To view the complete list of holdings, you can visit the SPY Holdings page.

SPDR S&P 500 ETF Trust 200 Day Moving Average Chart

SPY’s price performance over the past year shows it has ranged from a low of $482.78 per share to a high of $609.07, with the latest trade occurring at $600.21. Analyzing the most recent share price in relation to the 200-day moving average can be a helpful technique for technical analysts—learn more about that analysis here.

Exchange-traded funds (ETFs) operate similarly to stocks, but instead of “shares,” investors buy and sell “units.” These units can be traded like stocks, and new units can be created or destroyed based on investor demand. Weekly monitoring of changes in shares outstanding helps identify ETFs experiencing significant inflows (new units created) or outflows (old units destroyed). The creation of new units indicates a need for purchasing the ETF’s underlying holdings, while the destruction of units leads to selling those holdings, potentially impacting the individual components within the ETFs.

Discover which 9 other ETFs have also faced notable outflows »