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From Nasdaq: 2024-07-17 12:22:24

In the ETF universe, the Invesco S&P 500 Equal Weight ETF (RSP) saw a $1.0 billion dollar inflow, a 1.8% increase in outstanding units week over week. Major components like Tesla, Corning, and FedEx also experienced trading activity. RSP’s one-year price performance compared to its 200-day moving average is shown in a chart.

ETFs, like stocks, trade in units that can be bought, sold, created, or destroyed based on investor demand. Tracking weekly changes in shares outstanding helps identify ETFs with notable inflows or outflows, impacting underlying holdings. Visit the ETF Channel for a list of other ETFs with significant inflows and learn about market trends.

For more insights on exchange traded funds and stock market trends, check out videos on PZJ, TECD, and historical shares outstanding data on CBPO. Remember, the author’s views and opinions may differ from those of Nasdaq, Inc.



Read more at Nasdaq: RSP, TSLA, GLW, FDX: ETF Inflow Alert