Following Big Money Trades in S&P 500 Stocks

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S&P 500 has seen increased institutional selling: Sell Imbalance sits at -$230.0 million

Following the Big Money in S&P 500 Stocks

So far in trading today, the S&P 500 ETF is unchanged. SPY stock last traded at $508.50. Large volume bursts in S&P 500 stocks reached 40.7 million shares worth a total of $7.9 billion in transactions. There was notable buy pressure in the Financial and Health Care sectors. Overall, sell volume pressure outpaced buy volume pressure by 6.3%. There were 131 stocks that had more buy pressure on balance, and 98 stocks that had more sell pressure from large institutions. As a whole, there was a net negative -$230.0 million in dollar volume trades. A greater amount of the trading volume occurred on lit exchanges, at 56.6%, compared with 43.4% being transacted in the dark pool. To learn more about large volume trades, check out our help section.

Daily Chart: Large Volume Bursts Over Time

As you can see from the chart below, the most recent cumulative sell imbalance is -$230.0 million, however, the furthest sell imbalance for the day occurred at 11:15 AM, when the net sell dollar volume was -$508.0 million. The highest cumulative buy imbalance occurred at 9:45 AM, when the net buy hit +$207.0 million. The largest spike in imbalance came between 9:45 AM and 10:00 AM when the sell pressure surpassed the buy pressure by a 3.9 to 1 ratio.

Flow by Sector

Technology had the biggest dollar volume bursts of all the SPDR sectors, with sell dollar volume exceeding buy dollar volume by $507.5 million. 15 of the Technology stocks had positive dollar balance, versus 23 that were net negative.

Individual Stocks

NVDA stock had the single biggest volume burst activity of all the S&P 500 stocks. Sell volume bursts exceeded buy volume by 327,485 shares. As of this afternoon, the average trade price on sell volume was $799.32. Even though the sell pressure has been significant, the stock price has risen $14.31 on the day.