S&P 500: Large Volume Trades in Focus


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S&P 500 is showing signs of institutional buying: Buy Imbalance hits +$704.8 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 $535.24. Large volume bursts in S&P 500 stocks reached 38.8 million shares worth a total of $5.8 billion in transactions. There was notable buy pressure in the Technology and Industrials sectors. Overall, buy volume pressure exceeded sell volume pressure by a 1.3 to 1 ratio. There were 109 stocks that had more buy pressure on balance, and 104 stocks that had more sell pressure from large institutions. As a whole, there was a net positive +$704.8 million in dollar volume trades. A greater amount of the trading volume occurred on lit exchanges, at 65.6%, compared with 34.4% 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 buy imbalance is +$704.8 million, however, the peak buy imbalance for the day occurred at 11:30 AM, when the net buy dollar volume was +$814.6 million. The largest spike in imbalance came between 10:15 AM and 10:30 AM when the buy pressure outweighed the sell pressure by a 4.9 to 1 ratio.

Flow by Sector

Technology experienced the largest dollar volume bursts of all the SPDR sectors, with buy dollar volume exceeding sell dollar volume by $859.0 million. 22 of the Technology stocks had positive dollar balance, versus 17 that were net negative.

Individual Stocks

AAPL stock had the single biggest volume burst activity of all the S&P 500 stocks. Buy volume bursts exceeded sell volume by 6.4 million shares. As of this afternoon, the average purchase price on buy volume was $201.35. The stock price increased $11.63, indicating strength following the trade.