SPLG Sees Substantial Increase
Tracking the coverage universe of ETFs at ETF Channel, the latest data reveals a notable inflow in the SPDR Portfolio S&P 500 ETF. The increase of 5,600,000 units signifies a 1.2% growth week over week. This surge in units outstanding reflects a bullish sentiment among investors, indicating a favorable outlook for SPLG.
In conjunction with this rise, key underlying components of SPLG experienced minor declines in morning trading. Microsoft observed a 1% dip, while Apple demonstrated a 1.1% decrease, potentially highlighting sector-specific trends within the ETF landscape.
JANZ ETF Experiences Remarkable Percentage Gain
Furthermore, the JANZ ETF exhibited a substantial upsurge, adding 200,000 units to its outstanding count, representing a remarkable 35.7% increase in units. This surge in demand for JANZ signals a pronounced shift in investor sentiment and an enhanced appeal for this particular ETF.
VIDEO: SPLG, JANZ: Big ETF Inflows
