As we delve into the noteworthy changes in shares outstanding among the array of ETFs covered at ETF Channel this week, one particular standout is the SPDR Portfolio Intermediate Term Treasury ETF (Symbol: SPTI), where an approximate $157.1 million inflow has been detected. This represents a 3.3% surge week over week in outstanding units, escalating from 168,800,000 to 174,400,000.

Examining the one-year price performance of SPTI relative to its 200-day moving average, we witness a compelling trend.

Noteworthy here is SPTI’s low point in its 52-week range at $27.0107 per share, juxtaposed with a pinnacle of $29.40. This stands in comparison with a last trade figure of $28.13. Furthermore, contrasting the most recent share price with the 200-day moving average can be a valuable technique for technical analysis.

Exchange traded funds (ETFs) function akin to stocks, with investors trading ”units” rather than ”shares”. These ”units” are tradable akin to stocks but can also be created or destroyed to facilitate investor demand. Our weekly vigilance over the change in shares outstanding data helps us to identify ETFs witnessing notable inflows or outflows. The creation of new units entails the purchase of underlying holdings, while the destruction of units involves the selling of underlying holdings, underscoring how substantial flows can impact the individual components held within ETFs.

Click here to discover nine other ETFs with notable inflows.

Also see:

• EVX Videos

• YCL YTD Return

• PFFV Videos

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