Notable ETF inflow for IVV, AMZN, Meta, GOOGL with positive impact for IVV and components.

From Nasdaq: 2024-12-03 10:50:37

The iShares Core S&P 500 ETF (IVV) saw a $6.3 billion inflow, a 1.1% increase in outstanding units. Key components like Amazon and Meta Platforms were up, while Alphabet dipped slightly. IVV’s price performance shows a 52-week range of $456.45 to $607.30 per share, currently trading at $605.73. ETFs trade like stocks with units that can be created or destroyed based on demand.

ETFs like IVV experience notable inflows and outflows weekly, impacting underlying holdings. New units mean buying holdings, while destruction involves selling holdings. Check out which other 9 ETFs had significant inflows. Explore BDC Baby Bonds and Preferreds, BIRD Insider Buying, and Institutional Holders of ELD for more insights.



Read more at Nasdaq: Notable ETF Inflow Detected – IVV, AMZN, META, GOOGL