SPDR Dow Jones ETF Sees Significant Dollar Inflow This Week

In examining the week-over-week changes in shares outstanding for ETFs tracked by ETF Channel, a notable highlight is the SPDR Dow Jones Industrial Average ETF Trust (Symbol: DIA). This ETF experienced an inflow of approximately $691.3 million, marking a 1.8% increase in its outstanding units—growing from 87,242,867 to 88,842,867. Noteworthy components within the DIA today include Goldman Sachs Group Inc (Symbol: GS), which has declined about 5.1%, while UnitedHealth Group Inc (Symbol: UNH) has increased by about 1.1%. Sherwin-Williams Co (Symbol: SHW) has shown a slight decrease of about 0.2%. For a full list of holdings, please visit the DIA Holdings page »

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

Currently, DIA’s share price stands at $425.43. This is within its 52-week range, which has a low point of $376.14 and a high point of $451.55. Analyzing the most recent price in relation to the 200-day moving average can offer additional technical insights—learn more about the 200-day moving average »

Exchange-traded funds (ETFs) operate similarly to stocks. However, rather than trading “shares,” investors buy and sell “units.” These units can be traded like stocks but can also be created or destroyed to meet investor demand. Each week, we track changes in shares outstanding data to identify ETFs that are experiencing significant inflows (new units created) or outflows (old units destroyed). The creation of new units usually necessitates purchasing the underlying holdings of the ETF, whereas the destruction of units may require selling off those holdings. Thus, large inflow and outflow activities can also influence the individual securities held within ETFs.

Click here to discover which 9 other ETFs had notable inflows »

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