Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Gold Shares (GLD) where we have detected an approximate $598.8 million dollar inflow — that’s a 1.7% increase week over week in outstanding units (from 275,400,000 to 280,200,000).
Looking at the chart above, GLD’s low point in its 52 week range is $111.06 per share, with $129.47 as the 52 week high point — that compares with a last trade of $124.54.
The SPDR Gold Shares (GLD) was trading at $124.51 per share on Friday afternoon, down $0.24 (-0.19%). Year-to-date, GLD has gained 0.70%, versus a 1.71% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.