SPDR S&P Dividend ETF Experiences Big Outflow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2024
0mins
Source: NASDAQ.COM
- Stock Analysis: The article discusses the stock performance of SDY, highlighting its 52-week range from $109.8725 to $132.485 per share, with the last trade at $130.26.
- ETF Trading: It explains that exchange-traded funds (ETFs) trade like stocks, with investors buying and selling "units" instead of shares. These units can be created or destroyed based on investor demand.
- Shares Outstanding Data: Weekly monitoring of shares outstanding data helps identify ETFs with notable inflows (new units created) or outflows (old units destroyed), impacting the underlying holdings.
- Impact of Flows: Creation of new units requires purchasing underlying holdings, while destruction involves selling them, affecting the components held within ETFs.
- Disclaimer: The views expressed in the article are those of the author and may not necessarily reflect those of Nasdaq, Inc.
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Analyst Views on EIX
Wall Street analysts forecast EIX stock price to fall
7 Analyst Rating
2 Buy
3 Hold
2 Sell
Hold
Current: 72.370
Low
54.00
Averages
63.00
High
70.00
Current: 72.370
Low
54.00
Averages
63.00
High
70.00
About EIX
Edison International is an electric utility holding company. The Company is focused on providing clean and reliable energy and energy services through its independent companies. It is the parent holding company of Southern California Edison Company (SCE) and Trio. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area across Southern, Central and Coastal California. Trio is a global energy advisory firm providing integrated sustainability and energy advisory services to large commercial, industrial and institutional organizations in North America and Europe. Trio provides integrated strategy and implementation solutions in sustainability, renewables, energy procurement, conventional supply, energy optimization and transportation electrification.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Edison International Rating and Price Target Analysis
- Rating Overview: Edison International (EIX) currently holds an average rating of 'hold', indicating a cautious market sentiment regarding its future performance, which may influence investor decisions.
- Price Target Analysis: The company's mean price target is set at $73.71, reflecting analysts' expectations for its stock price, which could impact market performance in the short term.
- Market Reaction: The 'hold' rating may lead to weakened demand for the stock among investors in the near term, potentially affecting its price volatility.
- Investment Strategy: Investors considering Edison International should pay attention to its rating and price target to formulate appropriate investment strategies.
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- Economic Data Impact: U.S. March existing home sales fell 3.6% month-over-month to a 9-month low of 3.98 million, below the expected 4.05 million, and this weak data could influence the Fed's monetary policy decisions, increasing market expectations for rate cuts.
- Oil Price Volatility: Following President Trump's announcement of a full naval blockade of the Strait of Hormuz, WTI crude prices rose over 2%, although still below early highs, which could exacerbate global oil and fuel shortages, impacting related industry stock performance.
- Upcoming Earnings Season: Q1 earnings for the S&P 500 are projected to climb 12% year-over-year, but excluding the tech sector, earnings growth is only expected to be around 3%, the weakest in two years, reflecting market caution regarding profit growth.
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- Scholarship Funding: Edison International is awarding $50,000 scholarships to 30 high school seniors in the 2026 class, aimed at supporting their academic pursuits in STEM fields, helping them overcome financial barriers to focus on their studies and community impact.
- Diverse Scholar Backgrounds: The scholars, selected from various schools across Southern California, represent a wide range of disciplines including engineering, computer science, environmental science, and health, united by their desire to solve real-world challenges and drive future innovation.
- Community Recognition Events: During surprise presentations over the past two weeks, Edison International team members celebrated each scholar's achievements with commemorative medals and scholarship checks, enhancing the involvement of families, friends, and educators in the recognition process.
- Long-term Educational Investment: Since 2006, Edison International has awarded over $22 million in scholarships to 850 students, fostering numerous professionals in STEM fields, thereby strengthening local communities and advancing progress through education.
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Edison International Funds 2026 STEM Scholars
- Scholarship Amount: Edison International is awarding $50,000 scholarships to 30 high school seniors in 2026, aimed at alleviating financial burdens so they can focus on their studies in STEM fields and contribute to community development.
- Scholar Background: The scholars, selected from Southern California Edison’s service area, represent diverse interests including engineering, computer science, environmental, and health disciplines, showcasing their determination and capability to tackle real-world challenges.
- Community Engagement: During the award presentations, Edison International and Southern California Edison team members celebrated with school communities, presenting each scholar with a commemorative medal and scholarship check, enhancing the involvement of families, friends, and educators.
- Long-term Impact: Since 2006, Edison International has awarded over $22 million in scholarships to 850 students, fostering numerous professionals in STEM fields and furthering educational and community progress.
See More
Southern California Edison Wildfire Compensation Program Milestone
- Compensation Milestone: Southern California Edison has provided nearly $380 million in relief through its Wildfire Recovery Compensation Program to over 2,800 claimants, demonstrating the company's strong commitment to supporting the affected community.
- Significant Claims Progress: As of March 27, 2026, 2,827 claims have been submitted involving over 8,400 individuals and legal entities, with 1,125 offers extended, indicating the program's efficiency and responsiveness in addressing claims.
- Fast Payment Mechanism: The program promises payments within 30 days after all settlement conditions are met, with many claims processed in a fraction of that time, showcasing the company's effective service in post-disaster recovery.
- Community Support Commitment: The CEO of Southern California Edison noted that over 50% of offers have already been accepted, highlighting the company's proactive role in aiding community recovery and its ongoing commitment to future support.
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- Price Range Analysis: DVY ETF's 52-week low is $115.94 per share, with a high of $158.915, and the latest trade at $148.01 indicates the current price is near its high, potentially attracting investor interest.
- Technical Analysis Tool: Comparing the latest share price to the 200-day moving average can provide valuable insights for investors, helping to assess market trends and identify potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the underlying asset holdings.
- Liquidity Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify significant inflows or outflows, where inflows necessitate purchasing underlying assets, while outflows may lead to selling, affecting the ETF's overall performance.
See More
Edison International Rating and Price Target Analysis
- Rating Overview: Edison International (EIX) currently holds an average rating of 'hold', indicating a cautious market sentiment regarding its future performance, which may influence investor decisions.
- Price Target Analysis: The company's mean price target is set at $73.71, reflecting analysts' expectations for its stock price, which could impact market performance in the short term.
- Market Reaction: The 'hold' rating may lead to weakened demand for the stock among investors in the near term, potentially affecting its price volatility.
- Investment Strategy: Investors considering Edison International should pay attention to its rating and price target to formulate appropriate investment strategies.
See More
U.S. Stocks Close Higher, Led by Tech Sector Gains
- Tech Sector Rally: Oracle's stock surged over 12%, leading a rebound in software stocks that propelled the overall market higher, indicating investor confidence in the tech sector's recovery, which may attract more capital inflows into this area.
- Economic Data Impact: U.S. March existing home sales fell 3.6% month-over-month to a 9-month low of 3.98 million, below the expected 4.05 million, and this weak data could influence the Fed's monetary policy decisions, increasing market expectations for rate cuts.
- Oil Price Volatility: Following President Trump's announcement of a full naval blockade of the Strait of Hormuz, WTI crude prices rose over 2%, although still below early highs, which could exacerbate global oil and fuel shortages, impacting related industry stock performance.
- Upcoming Earnings Season: Q1 earnings for the S&P 500 are projected to climb 12% year-over-year, but excluding the tech sector, earnings growth is only expected to be around 3%, the weakest in two years, reflecting market caution regarding profit growth.
See More
Edison International Awards $50,000 Scholarships to 30 STEM Scholars
- Scholarship Funding: Edison International is awarding $50,000 scholarships to 30 high school seniors in the 2026 class, aimed at supporting their academic pursuits in STEM fields, helping them overcome financial barriers to focus on their studies and community impact.
- Diverse Scholar Backgrounds: The scholars, selected from various schools across Southern California, represent a wide range of disciplines including engineering, computer science, environmental science, and health, united by their desire to solve real-world challenges and drive future innovation.
- Community Recognition Events: During surprise presentations over the past two weeks, Edison International team members celebrated each scholar's achievements with commemorative medals and scholarship checks, enhancing the involvement of families, friends, and educators in the recognition process.
- Long-term Educational Investment: Since 2006, Edison International has awarded over $22 million in scholarships to 850 students, fostering numerous professionals in STEM fields, thereby strengthening local communities and advancing progress through education.
See More
Edison International Funds 2026 STEM Scholars
- Scholarship Amount: Edison International is awarding $50,000 scholarships to 30 high school seniors in 2026, aimed at alleviating financial burdens so they can focus on their studies in STEM fields and contribute to community development.
- Scholar Background: The scholars, selected from Southern California Edison’s service area, represent diverse interests including engineering, computer science, environmental, and health disciplines, showcasing their determination and capability to tackle real-world challenges.
- Community Engagement: During the award presentations, Edison International and Southern California Edison team members celebrated with school communities, presenting each scholar with a commemorative medal and scholarship check, enhancing the involvement of families, friends, and educators.
- Long-term Impact: Since 2006, Edison International has awarded over $22 million in scholarships to 850 students, fostering numerous professionals in STEM fields and furthering educational and community progress.
See More
Southern California Edison Wildfire Compensation Program Milestone
- Compensation Milestone: Southern California Edison has provided nearly $380 million in relief through its Wildfire Recovery Compensation Program to over 2,800 claimants, demonstrating the company's strong commitment to supporting the affected community.
- Significant Claims Progress: As of March 27, 2026, 2,827 claims have been submitted involving over 8,400 individuals and legal entities, with 1,125 offers extended, indicating the program's efficiency and responsiveness in addressing claims.
- Fast Payment Mechanism: The program promises payments within 30 days after all settlement conditions are met, with many claims processed in a fraction of that time, showcasing the company's effective service in post-disaster recovery.
- Community Support Commitment: The CEO of Southern California Edison noted that over 50% of offers have already been accepted, highlighting the company's proactive role in aiding community recovery and its ongoing commitment to future support.
See More
Analysis of DVY ETF's 52-Week Price Fluctuations
- Price Range Analysis: DVY ETF's 52-week low is $115.94 per share, with a high of $158.915, and the latest trade at $148.01 indicates the current price is near its high, potentially attracting investor interest.
- Technical Analysis Tool: Comparing the latest share price to the 200-day moving average can provide valuable insights for investors, helping to assess market trends and identify potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the underlying asset holdings.
- Liquidity Monitoring: Weekly monitoring of changes in shares outstanding for ETFs helps identify significant inflows or outflows, where inflows necessitate purchasing underlying assets, while outflows may lead to selling, affecting the ETF's overall performance.
See More
