S&P 500 Large Volume Bursts Reach $7.8 billion

Share on LinkedIn

S&P 500 is showing signs of institutional selling: Sell Imbalance sits at -$134.6 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 $505.76. Large volume bursts in S&P 500 stocks reached 45.3 million shares worth a total of $7.8 billion in transactions. There was notable buy pressure in the Consumer Staples and Utilities sectors. Overall, sell volume pressure exceeded buy volume pressure by 3.6%. There were 133 stocks that had more buy pressure on balance, and 122 stocks that had more sell pressure from large institutions. As a whole, there was a net negative -$134.6 million in dollar volume trades. A larger portion of the trading volume matched up in the dark pool, with 53.0% of the large volume transactions being made off-exchange, while only 47.0% was traded on lit exchanges. 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 -$134.6 million, however, the furthest sell imbalance for the day occurred at 12:15 PM, when the net sell dollar volume was -$777.8 million. The largest spike in imbalance came between 12:15 PM and 12:30 PM when the buy pressure outweighed the sell pressure by a 18.8 to 1 ratio.

Flow by Sector

Technology had the most dollar volume bursts of all the SPDR sectors, with sell dollar volume exceeding buy dollar volume by $188.5 million. 15 of the Technology stocks had positive dollar balance, versus 28 that were net negative.

Individual Stocks

TSLA stock had the single biggest volume burst activity of all the S&P 500 stocks. Sell volume bursts surpassed buy volume by 43,660 shares. As of this afternoon, the average trade price on sell volume was $160.91. Even though the sell pressure has been significant, the stock price has risen $16.40 on the day.