SPDR Portfolio Emerging Markets ETF Sees Significant Inflow
This week, the SPDR Portfolio Emerging Markets ETF (Symbol: SPEM) experienced a remarkable influx of approximately $233.6 million. This represents a 2.3% rise in outstanding units, climbing from 254,800,000 to 260,700,000.
The chart below illustrates SPEM’s one-year price performance compared to its 200-day moving average:
According to the data, SPEM’s price has fluctuated between a low of $34.30 and a high of $42.88 over the past year. Currently, the ETF trades at $39.40. Evaluating the current share price against the 200-day moving average can provide insightful analysis for investors.
In the world of exchange-traded funds (ETFs), shares are referred to as “units,” which function similarly to stocks. Investors trade these units, which can also be created or destroyed based on market demand. Our weekly monitoring tracks changes in the number of shares outstanding, allowing us to identify ETFs with significant inflows—indicating new units being created—or outflows, where units are being removed. When new units are created, the ETF must acquire the underlying assets, while the destruction of units leads to the sale of those assets. Consequently, considerable flows can influence the individual securities within the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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