IVV Sees $1.7 Billion Inflow While AMZN, META, and AVGO Drop

The iShares Core S&P 500 ETF (IVV) saw a $1.7 billion inflow, a 0.3% increase in outstanding units week over week. Top components Amazon.com Inc (AMZN) fell 0.9%, Meta Platforms Inc (META) dropped 1.7%, and Broadcom Inc (AVGO) was down 1.4%. IVV’s 52-week range is $484 to $629.25, currently trading at $626.33.

ETFs, like stocks, are traded in units. Weekly changes in shares outstanding can signal notable inflows or outflows. Large inflows mean new units are created, requiring purchase of underlying holdings. Check out which other 9 ETFs had significant inflows. Keep an eye on ETF movements to understand individual component impacts.

Read more at NASDAQ: IVV, AMZN, META, AVGO: ETF Inflow Alert