Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

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
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

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:

SPDR S&P MIDCAP 400 ETF 200 Day Moving Average Chart

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 .

Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

This Article's Word Cloud:   ABMD   Among   Channel   Comparing   Creation   Dividend   ETFs   Each   Exchange   Financial   Group   Holdings   Interactive   Looking   NYSE   Newsletter   Offer   Premium   Receive   SIVB   SPDR   TTWO   about   also   average   chart   components   created   destroyed   holdings   just   like   many   moving   outstanding   over   point   price   selling   share   shares   stocks   that   today   trade   traded   underlying   units   week   with

SPDR S&P MIDCAP 400 ETF Experiences Big Outflow | www.DividendChannel.com | Copyright © 2010 - 2018, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.