iShares Core S&P 500 ETF Reports Significant Inflows This Week

Today, a week-over-week analysis of shares outstanding among the ETFs tracked at ETF Channel reveals notable activity in the iShares Core S&P 500 ETF (Symbol: IVV). This ETF has seen an inflow of approximately $937.7 million, leading to a 0.2% increase in outstanding units, escalating from 993,400,000 to 995,000,000. The underlying components of IVV also experienced slight declines today: Eli Lilly (Symbol: LLY) decreased by about 0.4%, Costco Wholesale Corp (Symbol: COST) was down around 0.9%, and Mastercard Inc (Symbol: MA) fell by about 0.8%. For a detailed list of IVV’s holdings, please visit the IVV Holdings page.

The chart below illustrates the one-year price performance of IVV compared to its 200-day moving average:

From the chart, it is clear that IVV’s lowest point in its 52-week range was $496.30 per share, while the highest reached $616.22. Currently, the last trade price stands at $580.06. Analyzing the recent share price against the 200-day moving average can provide valuable insights for technical analysis—more details are available regarding the 200-day moving average.

Exchange-traded funds (ETFs) function similarly to stocks, but instead of “shares,” investors trade “units.” These units can be bought and sold like stocks; however, they can also be created or destroyed based on investor demand. Each week, we monitor the changes in shares outstanding to identify ETFs with significant inflows (indicating many new units created) or outflows (indicating many old units destroyed). New unit creation necessitates the purchase of the ETF’s underlying holdings, while unit destruction requires selling those components. Consequently, large flows can also affect the individual securities held within ETFs.

Click here to discover which 9 other ETFs have experienced significant inflows this week.

Also see:

• ACGN Historical Stock Prices
• Funds Holding KMP
• AFSI Shares Outstanding History

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