Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) where we have detected an approximate $132.0 million dollar inflow — that’s a 3.0% increase week over week in outstanding units (from 148,600,000 to 153,000,000).
The chart below shows the one year price performance of SPSB, versus its 200 day moving average:
Looking at the chart above, SPSB’s low point in its 52 week range is $29.977 per share, with $30.51 as the 52 week high point — that compares with a last trade of $30.02. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique.
The SPDR Portfolio Short-Term Corporate Bond ETF (SPSB) was trading at $30.01 per share on Friday afternoon, down $0.03 (-0.10%). Year-to-date, SPSB has declined -0.72%, versus a -0.24% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.