SPDR S&P 400 Mid Cap Value ETF Sees Significant Inflows, Surpassing $458 Million
Outstanding Units Increase by 16.2% Week-Over-Week
Today, the SPDR S&P 400 Mid Cap Value ETF (Symbol: MDYV) stands out with a remarkable approximate inflow of $458.2 million. This marks a 16.2% rise in outstanding units, increasing from 33,600,000 to 39,050,000 in just one week. Among MDYV’s key holdings, Tenet Healthcare Corp. (Symbol: THC) has dipped by about 1.2%, while Fidelity National Financial Inc (Symbol: FNF) has climbed approximately 2.3%. US Foods Holding Corp (Symbol: USFD) is also up by around 1.4%. For a complete list of holdings, you can visit the MDYV Holdings page. »
The accompanying chart illustrates MDYV’s yearly price performance compared to its 200-day moving average:
MDYV’s 52-week trading range has varied from a low of $62.235 per share to a high of $84.6277, with the most recent trade recorded at $84.36. Analyzing this recent share price against the 200-day moving average can provide valuable insights for technical analysis. Learn more about the 200-day moving average. »
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Exchange-traded funds (ETFs) function similarly to stocks, but instead of purchasing “shares,” investors are dealing with “units.” These units can be traded like stocks, but they can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows (indicating new units created) or outflows (indicating old units destroyed). When new units are created, the ETF must acquire more of its underlying shares; conversely, significant outflows result in the selling of these holdings.
Click here to find out which 9 other ETFs had notable inflows. »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
