SPDR Portfolio Developed World ETF Sees Significant Inflow Amid Market Movements
Investor Interest Grows: $232.8 Million Inflow This Week
This week, the SPDR Portfolio Developed World ex-US ETF (Symbol: SPDW) has attracted attention with an impressive inflow of approximately $232.8 million. This increase reflects a 1.0% rise in outstanding units, moving from 624,900,000 to 631,400,000 units. Key stocks within SPDW are also showing positive movements: SAP SE (Symbol: SAP) is up around 0.1%, Rogers Corp. (Symbol: ROG) has risen 0.4%, and Shell plc (Symbol: SHEL) is up by 0.2%. For a complete list of holdings, visit the SPDW Holdings page »
The chart below illustrates SPDW’s one-year price performance in relation to its 200-day moving average:
Price Analysis: SPDW’s Recent Trading Performance
The current share price of SPDW stands at $36.07. Over the past year, the ETF has experienced a low point of $33.11 and a high of $38. Analyzing the recent price in comparison to the 200-day moving average can provide useful insights for technical analysis – learn more about the 200-day moving average »
Exchange-traded funds (ETFs) operate similarly to stocks, but when investors buy and sell, they are actually trading “units.” These units can be created or destroyed based on investor demand, allowing them to be traded as stocks. Every week, we track the changes in shares outstanding to identify ETFs with significant inflows (which lead to new units being created) or outflows (resulting in old units being destroyed). Notably, creating new units necessitates purchasing the ETF’s underlying securities, while selling units requires disposing of those holdings, impacting the individual stocks within the ETF.
Click here to find out 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 the views of Nasdaq, Inc.
