From Nasdaq: 2024-04-10 11:32:24

The SPDR S&P 500 ETF Trust (SPY) experienced a $3.1 billion outflow, a 0.6% decrease in shares outstanding week over week. Amazon (AMZN) is down 0.7%, Meta Platforms (META) is up 0.1%, and Alphabet (GOOGL) is down 0.8%. Check out the complete list of holdings on the SPY Holdings page.

SPY’s one-year price performance compared to its 200-day moving average shows a range between $403.74 and $524.61. The current trade price is $514.63. Understanding the relationship between share price and the 200-day moving average can be a helpful technical analysis tool.

ETFs are traded like stocks, with investors buying and selling units. Changes in shares outstanding highlight ETFs with notable inflows or outflows, impacting the underlying holdings. Monitor for trends in creation (new units bought) and destruction (old units sold) to gauge investor sentiment.

Discover which other ETFs experienced significant outflows and learn more about investing strategies by checking out additional resources provided. Remember, opinions expressed are those of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: SPY, AMZN, META, GOOGL: ETF Outflow Alert