SPLG, AAPL, GOOG, BRK.B: Large Inflows Detected at ETF
From Nasdaq: 2024-11-13 10:52:46
The SPDR Portfolio S&P 500 ETF (SPLG) saw a $586.3 million dollar inflow, a 1.2% increase in outstanding units week over week. Major components like Apple Inc, Alphabet Inc, and Berkshire Hathaway Inc saw slight declines in trading. SPLG’s one-year performance shows a range from $52.46 to $70.59 per share.
ETFs trade like stocks, with investors buying and selling units. Weekly monitoring of shares outstanding data tracks notable inflows and outflows, impacting the ETF’s underlying holdings. Creation of new units requires purchasing underlying holdings, while destruction involves selling. Find out which 9 other ETFs had notable inflows.
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