Significant Outflow Detected in SPDR S&P 500 ETF Trust

Analyzing week-over-week changes in shares outstanding among ETFs, one notable observation is the SPDR S&P 500 ETF Trust (Symbol: SPY). The ETF has experienced approximately $5.0 billion in outflows, reflecting a 0.9% decrease in shares outstanding week over week, dropping from 1,031,132,116 to 1,022,282,116. Notable underlying components of SPY include Alphabet Inc (Symbol: GOOG), down about 1%, Visa Inc (Symbol: V), up around 0.2%, and McDonald’s Corp (Symbol: MCD), lower by about 0.1%. For a complete list of holdings, visit the SPY Holdings page.

The following chart illustrates SPY’s one-year price performance compared to its 200-day moving average:

According to the chart, SPY’s low price in its 52-week range is $481.80 per share, while its high is $613.23. The most recent trading price is $565.16. Comparing the current share price to the 200-day moving average can provide useful insights for technical analysis.

Exchange-traded funds (ETFs) function similarly to stocks. However, instead of “shares,” investors buy and sell “units.” These units can be traded like stocks, and they can also be created or destroyed to meet investor demand. Each week, we track changes in shares outstanding to identify ETFs that are experiencing significant inflows (new units created) or outflows (existing units removed). Creating new units necessitates purchasing the underlying assets of the ETF, while removing units involves selling them, which can affect the individual components held within the ETFs.

For more details, click here to discover which other ETFs have seen significant outflows.

Also see:

• Nelson Peltz Stock Picks
• AMBR Average Annual Return
• Top Ten Hedge Funds Holding BLTE

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