SPDR Portfolio Developed World ex-US ETF Sees Significant Inflows
This week, the SPDR Portfolio Developed World ex-US ETF (Symbol: SPDW) has captured attention with an impressive inflow of approximately $391.2 million. This figure reflects a week-over-week rise of 1.9% in outstanding units, increasing from 578,900,000 to 590,000,000. Among its key components, Shell plc (Symbol: SHEL) is trading flat, while Rogers Corp. (Symbol: ROG) has dipped about 0.4%. In contrast, AstraZeneca plc (Symbol: AZN) has gained roughly 0.6%. For a full list of holdings, visit the SPDW Holdings page »
The chart below illustrates SPDW’s performance over the past year compared to its 200-day moving average:
SPDW’s share price has fluctuated within a 52-week range of $32.35 to $38, with the latest trade occurring at $35.34. Evaluating the current price against the 200-day moving average can serve as an effective method for technical analysis—learn more about the 200-day moving average ».
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Exchange-traded funds (ETFs) function similarly to stocks; however, investors deal in “units” instead of shares. These units can be traded like stocks, but they can also be created or destroyed based on investor demand. To keep track of developments, we continuously monitor week-over-week changes in shares outstanding. This helps us identify ETFs experiencing significant inflows, where new units are created, or outflows, where existing units are removed. When new units are created, the ETF must acquire underlying assets, while the removal of units typically requires selling off those assets. As a result, substantial flows can influence the individual components within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- INTA YTD Return
- Funds Holding IBHI
- Top Ten Hedge Funds Holding CO
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
