SPDR Portfolio Intermediate Term Treasury ETF Sees Significant Inflow

Analyzing recent week-over-week changes in shares outstanding for ETFs tracked by ETF Channel, the SPDR Portfolio Intermediate Term Treasury ETF (Symbol: SPTI) stood out with an inflow of approximately $712.5 million. This figure represents a 9.0% week-over-week increase in outstanding units, rising from 276,700,336 to 301,500,336.

The chart below illustrates SPTI’s one-year price performance relative to its 200-day moving average:

According to the chart, SPTI’s 52-week low stands at $27.42 per share, with a high of $29.28. Its most recent trading price is $28.77. Comparing the latest share price to the 200-day moving average can serve as a useful technical analysis approach.

Exchange-traded funds (ETFs) trade similarly to stocks; however, investors purchase and sell “units” instead of shares. These units can be traded like stocks and can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs that experience significant inflows or outflows. The creation of new units necessitates purchasing the underlying assets of the ETF, while the destruction of units involves selling off those assets. Large inflows or outflows can significantly affect the individual components held within ETFs.

Click here to find out which 9 other ETFs had notable inflows.

Related Data:

• DOMO Shares Outstanding History
• XCO Options Chain
• Top Ten Hedge Funds Holding FSNB

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