The State Street SPDR S&P 500 ETF Trust (SPY) saw a $4 inflow, a 0.6% increase in outstanding units week over week. Top components Amazon.com Inc (AMZN) dropped 8.1%, Alphabet Inc (GOOGL) fell 2.5%, and Alphabet Inc (GOOG) went down 2.4%. Check SPY’s complete holdings here.

SPY’s one year price performance compared to its 200-day moving average is shown in the chart. Its 52-week range is $481.80 to $697.84 per share, trading at $685.62 currently. The 200-day moving average is a key technical analysis tool. Learn more about it here.

ETFs trade like stocks, with investors buying and selling units. Changes in shares outstanding show inflows (new units created) or outflows (old units destroyed). Creation of new units requires purchasing underlying holdings, while destruction involves selling. Large flows impact individual components within ETFs. Check out more related articles here.

Read more at Nasdaq: Notable ETF Inflow Detected – SPY, AMZN, GOOGL, GOOG