SPDR Portfolio S&P 500 ETF Sees Significant Inflows

Investors are showing renewed interest as the SPLG ETF experiences notable increases.

ETFs Experience Fluctuating Trends

The SPDR Portfolio S&P 500 ETF (Symbol: SPLG) has garnered attention this week with an estimated inflow of $621.0 million. This marks a 1.1% rise in the number of outstanding units, increasing from 768,800,000 to 777,550,000.

Performance of Key Holdings

Within SPLG’s portfolio, major stocks include Amazon.com Inc (Symbol: AMZN), which has decreased by approximately 2.4%, Meta Platforms Inc (Symbol: META) ambling down about 1.9%, and Tesla Inc (Symbol: TSLA) experiencing a decline of around 5%. For more information, check out the SPLG Holdings page.

Price Insights

Over the past year, SPLG shares have demonstrated notable price movement, reaching a low of $54.87 per share and peaking at $71.645. The last trading price recorded was $69.78. When assessing the current price against the 200-day moving average, investors can gain valuable insights into SPLG’s performance.

Understanding ETF Units

Exchange-traded funds (ETFs) function similarly to stocks in trading, but investors buy and sell “units” rather than “shares.” These units can be created or eliminated based on market demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows, which indicate the creation of new units, or outflows, signaling the destruction of existing units. Such shifts can directly influence the underlying assets held within ETFs.

Discover 9 additional ETFs with substantial inflows »

Also see:

• Top Stocks Held By Cathie Wood
• CRM DMA
• CAPL Market Cap History

The views and opinions expressed herein are that of the author and do not necessarily reflect those of Nasdaq, Inc.