Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

5 Dividend Aristocrats Where Analysts See Capital Gains
Tuesday, February 6, 9:27 AM ET, by Market News Video Staff

To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently ...

Shares of XOM Now Oversold
Tuesday, February 6, 11:28 AM ET, by Market News Video Staff

In trading on Tuesday, shares of Exxon Mobil Corp (XOM) entered into oversold territory, changing ...

Exxon Mobil (XOM) Shares Cross 4% Yield Mark
Tuesday, February 6, 3:13 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Exxon Mobil Corp (XOM) were yielding above the 4% ...

The Math Shows HUSV Can Go To $25
Wednesday, February 7, 8:48 AM ET, by Market News Video Staff

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Cash Dividend On The Way From Exxon Mobil (XOM)
Wednesday, February 7, 10:24 AM ET, by Market News Video Staff

On 2/9/18, Exxon Mobil Corp (XOM) will trade ex-dividend, for its quarterly dividend of $0.77, ...

  More articles:  1 2 next »

XLE, XOM, SLB, OXY: Large Inflows Detected at ETF

By Market News Video Staff, Thursday, August 30, 11:16 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: XLE, XOM, SLB, OXY

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 Energy Select Sector SPDR Fund (AMEX:XLE) where we have detected an approximate $146.8 million dollar inflow -- that's a 2.0% increase week over week in outstanding units (from 105,124,200 to 107,174,200). Among the largest underlying components of XLE, in trading today Exxon Mobil Corp. (NYSE:XOM) is down about 0.8%, Schlumberger Ltd. (NYSE:SLB) is off about 1.7%, and Occidental Petroleum Corp (NYSE:OXY) is lower by about 1.4%. 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:

Energy Select Sector SPDR Fund 200 Day Moving Average Chart

Looking at the chart above, XLE's low point in its 52 week range is $54.26 per share, with $76.50 as the 52 week high point that compares with a last trade of $70.80. 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: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

This Article's Word Cloud:   AMEX   Among   Channel   Comparing   Corp   Creation   Dave   Days   ETFs   Each   Energy   Exchange   Exxon   Find   Flexible   Free   Fund   Growth   Holdings   Investment   Looking   NYSE   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
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Chart Zero Stock Market Game Stock Market Definitions

XLE, XOM, SLB, OXY: Large Inflows Detected at ETF | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. 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. Read Full Disclaimer.