From Nasdaq:

The SPDR S&P 500 ETF Trust (SPY) has seen $1.6 billion dollar outflow, with a 0.3% decrease in shares outstanding week over week. Among the largest components, NVIDIA Corp is up 0.6%, Alphabet Inc is down 0.1%, and Meta Platforms Inc is lower by 0.3%. The one year price performance chart shows SPY versus its 200 day moving average as well.

SPY’s 52 week range is $377.831 – $477.55, with the last trade at $476.72. Comparing the most recent price to the 200 day moving average can be a useful technical analysis technique. ETFs trade like stocks, with ”units” bought and sold. Weekly, ETF shares outstanding changes are monitored for inflows or outflows, impacting the held components.

Learn more HERE. Additionally, you can find out which other ETFs experienced notable outflows.



Read more: SPY, NVDA, GOOGL, META: ETF Outflow Alert