The SPDR S&P 500 ETF Trust (SPY) saw a $6.1 billion outflow, a 0.8% decrease week over week. Top components Alphabet Inc (GOOGL) and Exxon Mobil Corp (XOM) saw gains. SPY’s 52-week range is $481.80 to $696.09 per share, currently trading at $692.34. ETFs trade like stocks, with units created or destroyed based on investor demand.

ETFs like SPY experienced notable outflows, impacting holdings within the ETF. Understanding shares outstanding data helps track inflows and outflows. Check out which other ETFs had significant outflows and learn more about the impact on individual components within ETFs.

Read more at Nasdaq: Notable ETF Outflow Detected – SPY, GOOGL, GOOG, XOM