RSP, FDX, TSLA, SYF: ETF Inflow Alert

From Nasdaq: 2024-07-09 11:01:15

The Invesco S&P 500— Equal Weight ETF (RSP) saw a $462.5 million inflow, a 0.9% increase in outstanding units week over week. Top holdings include FedEx Corp (FDX), Tesla Inc (TSLA), and Synchrony Financial (SYF).

RSP’s 52-week range is $133.34 to $169.799 per share, with the last trade at $163.52. Comparing the share price to the 200-day moving average is a useful technical analysis technique.

ETFs trade like stocks, with units that can be created or destroyed to meet demand. Monitoring share outstanding data helps identify ETFs with notable inflows or outflows, impacting the underlying holdings.

Check out which other ETFs had notable inflows and learn more about popular companies like EPD and AEG. Remember, the author’s views do not necessarily reflect those of Nasdaq, Inc.



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