Looking at this time at week-over-week shares excellent adjustments among the many universe of ETFs coated at ETF Channel, one standout is the SPDR S&P Dividend ETF (Image: SDY) the place we’ve detected an approximate $73.Zero million greenback influx — that is a 0.4% enhance week over week in excellent items (from 182,300,000 to 183,000,000).
The chart under reveals the one yr value efficiency of SDY, versus its 200 day transferring common:
Wanting on the chart above, SDY’s low level in its 52 week vary is $84.28 per share, with $105.16 because the 52 week excessive level — that compares with a final commerce of $104.89. Evaluating the newest share value to the 200 day transferring common may also be a helpful technical evaluation method — learn more about the 200 day moving average ».
Trade traded funds (ETFs) commerce identical to shares, however as an alternative of ”shares” buyers are literally shopping for and promoting ”items”. These ”items” may be traded backwards and forwards identical to shares, however may also be created or destroyed to accommodate investor demand. Every…