SPDR Bloomberg 1-3 Month T-Bill ETF Experiences Big Inflow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 17 2024
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Source: NASDAQ.COM
- Stock Analysis: The article discusses the 52-week range of a stock, highlighting its low and high points compared to the last trade price. It also mentions the significance of comparing the share price to the 200-day moving average for technical analysis.
- ETF Trading: It explains how Exchange Traded Funds (ETFs) function similarly to stocks but involve buying and selling "units." The monitoring of week-over-week changes in shares outstanding data is emphasized to track notable inflows or outflows affecting ETFs.
Analyst Views on BIL
Wall Street analysts forecast BIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BIL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 91.550
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Current: 91.550
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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.
