 |
 |
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| XLE, COP, SLB, EOG: Large Inflows Detected at ETFBy Energy Stock Channel Staff, Wednesday, April 10, 11:27 AM ET
Symbols mentioned in this story: XLE, COP, SLB, EOG 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 The Energy Select Sector SPDR Fund (NYSE:XLE) where we have detected an approximate $521.6 million dollar inflow -- that's a 1.3% increase week over week in outstanding units (from 420,620,000 to 425,970,000). Among the largest underlying components of XLE, in trading today ConocoPhillips (NYSE:COP) is up about 0.9%, Schlumberger Ltd (NYSE:SLB) is up about 0.3%, and EOG Resources, Inc. (NYSE:EOG) is up by about 0.5%. For a complete list of holdings, visit the XLE Holdings page » The chart below shows the one year price performance of XLE, versus its 200 day moving average:
Looking at the chart above, XLE's low point in its 52 week range is $76.25 per share, with $98.4667 as the 52 week high point — that compares with a last trade of $97.89. 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: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
This Article's Word Cloud:
Among
Channel
Comparing
ConocoPhillips
Creation
Days
Dollars
ETFs
Each
Energy
Exchange
Fund
Holdings
Join
Looking
NYSE
Offer
Resources
SPDR
Schlumberger
Seven
about
also
average
chart
components
created
destroyed
holdings
just
like
many
moving
outstanding
over
point
price
raquo
selling
share
shares
stocks
that
today
trade
traded
underlying
units
week
with
|
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
