Invesco S&P 500 Low Volatility ETF Sees Significant Outflow This Week
ETF Overview: Invesco S&P 500 Low Volatility ETF (SPLV)
Analyzing recent changes in shares, the Invesco S&P 500—Low Volatility ETF (Symbol: SPLV) stands out this week with an outflow of approximately $80.7 million. This represents a decrease of 1.1% week over week, dropping its shares outstanding from 104,700,000 to 103,600,000. Today, among SPLV’s major components, Coca-Cola Co (Symbol: KO) fell about 0.7%, Ameriprise Financial Inc (Symbol: AMP) rose by around 0.4%, and Loews Corp. (Symbol: L) decreased by about 0.1%. For more details, visit the SPLV Holdings page.
Examining the chart, SPLV hit a low of $60.145 in its 52-week range and peaked at $73.89, with the most recent trade recorded at $73.18. Comparing the current share price to the 200-day moving average can provide valuable insight for investors—learn more about this analysis method.
Exchange-traded funds (ETFs) function similarly to stocks but trade in “units” rather than shares. Investors can buy and sell these units freely, and they can be created or destroyed based on market demand. Each week, we track the changes in shares outstanding to identify ETFs with noteworthy inflows (new units) or outflows (destroyed units). When new units are created, the ETF must purchase its underlying assets, while the destruction of units involves selling them, which can influence the individual stock components.
Click here to discover which 9 other ETFs experienced significant outflows »
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- SOUN Market Cap History
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