Significant $2.3 Billion Outflow in iShares Core S&P 500 ETF

Examining changes in shares outstanding among ETFs, the iShares Core S&P 500 ETF (Symbol: IVV) stands out with an approximate $2.3 billion outflow. This represents a 0.4% decline week-over-week, decreasing from 1,009,400,000 to 1,005,400,000 shares. Key components of IVV include AbbVie Inc (Symbol: ABBV), down about 0.8%, Texas Instruments Inc. (Symbol: TXN), down about 1.2%, and The Charles Schwab Corporation (Symbol: SCHW), which remains relatively unchanged. For a complete list of holdings, visit the IVV Holdings page.

The chart below compares the one-year price performance of IVV against its 200-day moving average:

Currently, IVV’s 52-week range shows a low point at $484 per share and a high at $616.22, with its latest trade at $566.20. Evaluating the current share price against the 200-day moving average can provide useful technical insights.

Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” rather than shares. These units can be traded back and forth, while also being created or destroyed based on investor demand. Each week, we track the changes in shares outstanding to identify ETFs showing significant inflows or outflows. The creation of new units requires purchasing the underlying assets of the ETF, while the destruction of units means selling those holdings. Hence, large flows can affect the individual components held within ETFs.

Click here to discover which 9 other ETFs experienced significant outflows.

Additional Insights:

• Institutional Holders of ACRE
• Funds Holding SBEU
• HCWC Videos

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