SPDR S&P 500 ETF Trust Sees Notable Inflow Amid Market Movements

Examining week-over-week changes in shares outstanding among ETFs, the SPDR S&P 500 ETF Trust (Symbol: SPY) stands out. This ETF has experienced an approximate inflow of $3, marking a 0.5% increase in outstanding units, rising from 1,019,132,116 to 1,023,732,116. Key components of SPY include Alphabet Inc (Symbol: GOOG), which has decreased about 0.8%; Visa Inc (Symbol: V), up approximately 0.6%; and UnitedHealth Group Inc (Symbol: UNH), which has increased by around 3.1%. For a detailed list of holdings, please visit the SPY Holdings page.

The chart below illustrates the one-year price performance of SPY in relation to its 200-day moving average:

In assessing the chart, SPY’s 52-week low stands at $481.80 per share, while its 52-week high is $613.23. The latest trading price is noted at $592.25. Comparing the most recent share price against the 200-day moving average serves as a relevant technique in technical analysis.

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Exchange-traded funds (ETFs) operate similarly to stocks, with investors buying and selling “units” instead of shares. These units can be exchanged like stocks but are also subject to creation or destruction based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs with significant inflows (indicating new units created) or outflows (indicating old units destroyed). When new units are created, the underlying holdings of the ETF need to be purchased. Conversely, when units are destroyed, it involves selling the underlying holdings. Such large flows can have implications for the individual components held within ETFs.

Additional Information:

• CNXC Average Annual Return
• SBRA Average Annual Return
• SFM Historical Stock Prices

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