Notable inflow in SPY ETF with increases in AMZN and PG, decrease in DIS

From Nasdaq: 2024-07-19 10:58:54

The SPDR S&P 500 ETF Trust (SPY) saw a $9 inflow, a 1.7% increase in outstanding units week over week. Amazon (AMZN) is up 0.2%, Procter & Gamble (PG) is up 0.9%, and Walt Disney (DIS) is down 0.7%. SPY’s 52-week range is $409.21 to $565.16, with a last trade of $551.16. ETFs trade like stocks, with units bought and sold based on investor demand, impacting underlying holdings.

Week-over-week shares outstanding data for ETFs like SPY can signal notable inflows or outflows, impacting individual components within the ETF. Understanding ETF flows is crucial as new units being created means buying underlying holdings, while unit destruction involves selling holdings. Stay informed on ETF trends to make informed investment decisions.



Read more at Nasdaq: Notable ETF Inflow Detected – SPY, AMZN, PG, DIS