Significant increase in inflow for VOO ETF led by NVDA, AMZN, TSLA

From Nasdaq: 2024-10-04 10:47:17

The Vanguard S&P 500 ETF (VOO) saw a $10.1 billion inflow, a 2.0% increase in outstanding units. Top components include NVIDIA (-0.1%), Amazon (+1.5%), and Tesla (+2.9%). VOO’s 52-week range is $375.945 to $529.92, with a last trade at $522.76. ETFs trade units like stocks and can see inflows or outflows weekly.

Investors can buy and sell ETF units like stocks, with creation or destruction based on demand. Weekly monitoring tracks inflows (new units created) or outflows (old units destroyed). Flows impact ETF holdings, requiring purchases or sales of underlying components. Click to see other ETFs with notable inflows.

For more insights on ETFs and stock market trends, check out related articles on YTD returns, options chains, and stock predictions. The author’s views may not reflect those of Nasdaq, Inc.



Read more at Nasdaq: Notable ETF Inflow Detected – VOO, NVDA, AMZN, TSLA