“Significant Inflows into SPY and OVT ETFs: Market Insights”

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SPDR S&P 500 ETF Trust Sees Significant Inflows This Week

When comparing units outstanding to last week within the ETF coverage universe at ETF Channel, the SPDR S&P 500 ETF Trust (SPY) demonstrated the largest inflow. This ETF added 28,300,000 units, marking a week-over-week increase of 2.7%. In morning trading today, major components such as Apple are down approximately 0.1%, while Nvidia has decreased by about 2.8%.

Additionally, in terms of percentage growth, the ETF with the most remarkable increase in inflows was the OVT ETF. This fund added 870,000 units, representing a substantial 39.5% rise in outstanding units.

SPY, OVT: Big ETF InflowsVIDEO: SPY, OVT: Big ETF Inflows

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

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