Notable ETF Inflow Detected: SPYG, GOOG, V, NFLX

SPDR Portfolio S&P 500 Growth ETF (SPYG) Witnessed Significant Inflow

One standout among the universe of ETFs is the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG), which showed an approximate $120.4 million dollar inflow. This marks a 0.6% increase week over week in outstanding units, from 326,100,000 to 327,950,000.

Among the largest underlying components of SPYG, Alphabet Inc (GOOG) registered a 1.8% decrease in trading, Visa Inc (V) experienced a 0.8% decline, and Netflix Inc (NFLX) was lower by about 3.2%. This drove a notable surge in the ETF’s inflow.

The one-year price performance of SPYG versus its 200-day moving average reflects a strong upward trend.

The 52-week range for SPYG spans from a low of $49.54 per share to a high of $65.53, comparing with a last trade price of $63.88. This price dynamic demonstrates the ETF’s resilience and potential for growth.

ETFs trade like stocks, allowing investors to buy and sell units. These units can also be created or destroyed to accommodate investor demand. The week-over-week change in shares outstanding is a critical metric, reflecting the ETFs’ notable inflows or outflows.

Notably, the creation of new units means that the holdings of the ETF need to be purchased, while the destruction of units involves selling the underlying holdings. Thus, significant flows can impact the individual components held within ETFs.

Find out which other ETFs had notable inflows »