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|Noteworthy ETF Outflows: FXO, AGO, SQ, SIVB
Friday, July 13, 10:47 AM ET, by Market News Video Staff
Symbols mentioned in this story: FXO, AGO, SQ, SIVB Exchange traded funds (ETFs) trade just ...
Notable ETF Outflow Detected - MDY, WCG, PTC, STLD
Monday, July 16, 10:47 AM ET, by Market News Video Staff
Symbols mentioned in this story: MDY, WCG, PTC, STLD Exchange traded funds (ETFs) trade just ...
SVB Financial Group Takes Over #55 Spot From Kinder Morgan
Monday, July 16, 11:45 AM ET, by Market News Video Staff
In a study of analyst recommendations at the major brokerages, for the underlying components of ...
Noteworthy Monday Option Activity: UNH, LCI, TTWO
Monday, July 16, 3:23 PM ET, by Market News Video Staff
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
First Week of March 2019 Options Trading For ABIOMED (ABMD)
Wednesday, July 25, 10:38 AM ET, by Market News Video Staff
Investors in ABIOMED, Inc. (ABMD) saw new options become available this week, for the March ...
SPDR S&P MIDCAP 400 ETF Experiences Big Outflow
By Dividend Channel Staff, Tuesday, March 13, 11:15 AM ET
Symbols mentioned in this story: MDY, SIVB, TTWO, ABMD
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P MIDCAP 400 ETF (NYSE:MDY) where we have detected an approximate $168.7 million dollar outflow -- that's a 0.8% decrease week over week (from 59,287,734 to 58,812,734). Among the largest underlying components of MDY, in trading today SVB Financial Group (NASDAQ:SIVB) is down about 0.3%, Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is off about 0.9%, and ABIOMED, Inc. (NASDAQ:ABMD) is higher by about 0.6%. For a complete list of holdings, visit the MDY Holdings page »
The chart below shows the one year price performance of MDY, versus its 200 day moving average:
Looking at the chart above, MDY's low point in its 52 week range is $303.85 per share, with $363.70 as the 52 week high point — that compares with a last trade of $356.33. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
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