Flows Coverage: The Net Inflows Of SPDR Dow Jones Industrial Average ETF Point to $-563.89M Redemptions After -4.54% AUM Decrease


Flows Coverage: The Net Inflows Of SPDR Dow Jones Industrial Average ETF Point to $ 563.89M Redemptions After  4.54% AUM Decrease

Today were released SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA)‘s weekly net flows. The ETF registered $-563.89M weekly asset outflows for -4.54% decrease, reaching $11862.46M last week. The chart of SPDR Dow Jones Industrial Average ETF shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 0.16% or $0.3 on October 7, hitting $182.22. SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) has risen 6.80% since March 7, 2016 and is uptrending. It has underperformed by 0.79% the S&P500.

The ETF’s YTD performance is 7.05%, the 1 year is 15.23% and the 3 year is 9.04%.

The ETF’s average P/E ratio is 18.02, the price to book is 3.04, the price to sales is 1.75 and the price to cashflow is 11. SPDR Dow Jones Industrial Average ETF is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: 3M Company Common Stock for 6.58% of assets, Goldman Sachs Group Inc. (The) for 6.02%, International Business Machines for 5.93%, UnitedHealth Group Incorporated for 5.22%, Boeing Company (The) Common Sto for 4.92%, Home Depot Inc. (The) Common S for 4.80%, Johnson & Johnson Common Stock for 4.41%, McDonald’s Corporation Common S for 4.30%, The Travelers Companies Inc. C for 4.27%, Apple Inc. for 4.22%. The ETF sector weights are: Basic Materials 2.51%, Consumer Cyclical 14.57%, Financial Services 18.30%, Consumer Defensive 7.64%, Healthcare 13.26%, Communication Services 1.94%, Energy 7.11%, Industrials 19.75%, Technology 14.92%. The ETF currently as 0% yield.

More notable recent SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) news were published by: Etfdailynews.com which released: “Bank of America Merrill Lynch Warns of Looming Stock Market Reversal” on October 07, 2016, also Etfdailynews.com with their article: “A Deeper Look Into the Only Dow Jones Industrials ETF” published on September 23, 2016, Etfdailynews.com published: “Bill Gross on Today’s Markets: “This Cannot End Well”” on October 05, 2016. More interesting news about SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) were released by: Nasdaq.com and their article: “SPDR Dow Jones Industrial Average ETF Experiences Big Outflow” published on October 03, 2016 as well as Etfdailynews.com‘s news article titled: “WSJ: Market’s Rise is Only Getting Started” with publication date: August 12, 2016.

DIA Company Profile

Diamonds Trust, Series 1 (the Trust) is a unit investment trust. The Trust was created to provide investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities consisting of substantially all of the component common stocks, which comprise the Dow Jones Industrial Average (the DJIA). The Trust’s objective is to provide investment results that, before expenses, generally correspond to the price and yield performance of the DJIA.

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