Today’s ETF Alert: SPDR S&P 500 ETF Trust Registered $-519.71M Redemptions Because Of -0.25% AUM Decrease

Today's ETF Alert: SPDR S&P 500 ETF Trust Registered $ 519.71M Redemptions Because Of  0.25% AUM Decrease

Today were reported SPDR S&P 500 ETF Trust (NYSEARCA:SPY)‘s daily net flows. The ETF registered $-519.71M asset outflows for -0.25% decrease, reaching $209849.02M after yestarday’s trading session. The chart of SPDR S&P 500 ETF Trust shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.19% or $0.41 during the last trading session, hitting $217.87. SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has risen 4.86% since April 15, 2016 and is uptrending. It has outperformed by 0.23% the S&P500.

The ETF’s YTD performance is 5.87%, the 1 year is 4.44% and the 3 year is 8.71%.

The ETF’s average P/E ratio is 18.75, the price to book is 2.61, the price to sales is 1.83 and the price to cashflow is 10.16. SPDR S&P 500 ETF Trust is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Apple Inc. for 3.33% of assets, Microsoft Corporation for 2.54%, Exxon Mobil Corporation Common for 1.87%, Johnson & Johnson Common Stock for 1.73%, Amazon.com Inc. for 1.69%, Facebook Inc. for 1.66%, Berkshire Hathaway Inc B for 1.49%, General Electric Company Common for 1.42%, JP Morgan Chase & Co. Common St for 1.36%, Alphabet Inc. for 1.30%. The ETF sector weights are: Basic Materials 2.71%, Consumer Cyclical 10.96%, Financial Services 14.88%, Realestate 2.32%, Consumer Defensive 10.14%, Healthcare 14.09%, Utilities 3.36%, Communication Services 4.32%, Energy 7.16%, Industrials 10.72%, Technology 19.35%. The ETF currently as 0% yield.

More notable recent SPDR S&P 500 ETF Trust (NYSEARCA:SPY) news were published by: Etfdailynews.com which released: “The SPY Is Seeing Record Post-Trump Inflows” on November 15, 2016, also Investorplace.com with their article: “The SPDR S&P 500 ETF Trust (SPY) Needs Some Relief” published on November 04, 2016, Investorplace.com published: “Here’s Your SPDR S&P 500 ETF Trust (SPY) Post-Election Roadmap” on November 07, 2016. More interesting news about SPDR S&P 500 ETF Trust (NYSEARCA:SPY) were released by: Benzinga.com and their article: “Dan Deming’s SPDR S&P 500 ETF Trust Trade” published on November 10, 2016 as well as Etfdailynews.com‘s news article titled: “What Does A Trump Victory Mean for the S&P 500?” with publication date: November 09, 2016.

SPY Company Profile

SPDR Trust, Series 1 (the Trust) is a unit investment trust. The Trust is an exchange-traded fund created to provide investors with the opportunity to purchase a security representing a proportionate undivided interest in a portfolio of securities consisting of substantially all of the common stocks, in substantially the same weighting, which comprise the Standard & Poor’s 500 Composite Price Index (the S&P Index). Each unit of fractional undivided interest in the Trust is referred to as a Standard & Poor’s Depositary Receipt (SPDR).

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