Flows To Observe: The Net Inflows Of SPDR Dow Jones Industrial Average ETF Point to $-316.42M Redemptions After -2.71% AUM Decrease

Flows To Observe: The Net Inflows Of SPDR Dow Jones Industrial Average ETF Point to $ 316.42M Redemptions After  2.71% AUM Decrease

Today were released SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA)‘s weekly net flows. The ETF registered $-316.42M weekly asset outflows for -2.71% decrease, reaching $11369.12M 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 0.22% or $0.4 on November 4, hitting $178.71. SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) has risen 1.64% since April 5, 2016 and is uptrending. It has underperformed by 0.31% the S&P500.

The ETF’s YTD performance is 6.21%, the 1 year is 5.3% and the 3 year is 7.71%.

The ETF’s average P/E ratio is 17.75, the price to book is 2.98, the price to sales is 1.74 and the price to cashflow is 10.88. 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: Goldman Sachs Group Inc. (The) for 6.72% of assets, 3M Company Common Stock for 6.23%, International Business Machines for 5.80%, Boeing Company (The) Common Sto for 5.37%, UnitedHealth Group Incorporated for 5.33%, Home Depot Inc. (The) Common S for 4.60%, Johnson & Johnson Common Stock for 4.37%, Apple Inc. for 4.28%, McDonald’s Corporation Common S for 4.25%, The Travelers Companies Inc. C for 4.08%. The ETF sector weights are: Basic Materials 2.60%, Consumer Cyclical 14.25%, Financial Services 19.05%, Consumer Defensive 7.52%, Healthcare 13.13%, Communication Services 1.82%, Energy 7.10%, Industrials 19.72%, Technology 14.82%. The ETF currently as 0% yield.

More notable recent SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) news were published by: Nasdaq.com which released: “SPDR Dow Jones Industrial Average ETF Experiences Big Outflow” on October 03, 2016, also Seekingalpha.com with their article: “How Will U.S. Elections Affect Markets?” published on November 04, 2016, Etfdailynews.com published: “This Chart Shows The Dow Is Hitting A Critical Level” on October 26, 2016. More interesting news about SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) were released by: Etftrends.com and their article: “How Market, Stock ETFs Will React After the Election” published on November 04, 2016 as well as Seekingalpha.com‘s news article titled: “It’s Not Always About The Headline” with publication date: October 30, 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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