iShares Core S&P 500 ETF had $872.6 million outflow, 0.2% decrease in shares outstanding

From Nasdaq: 2024-07-15 11:02:00

The iShares Core S&P 500 ETF (IVV) saw a $872.6 million outflow last week, a 0.2% decrease in shares outstanding. Among top components, Alphabet Inc (GOOGL) rose 1.2%, Oracle Corp (ORCL) up 0.1%, and Texas Instruments Inc. (TXN) up 0.1%. IVV’s 52-week range is $411.02 to $566.725, with a last trade at $565.75.

ETFs trade like stocks, with investors buying and selling “units.” Weekly monitoring of shares outstanding tracks inflows (new units created) and outflows (old units destroyed). Large flows impact underlying holdings. Consider which 9 other ETFs had notable outflows. Check out top stocks held by Leon Cooperman and more.



Read more at Nasdaq: iShares Core S&P 500 ETF Experiences Big Outflow