Shares of E*TRADE Financial Corporation (ETFC) Sees Large Inflow of Net Money Flow

E*TRADE Financial Corporation (ETFC) : Fridays money flow indicated an uptick to downtick ratio was at 5.96. The total value of inflow transactions on upticks was $0.96 million, whereas, the total value of outflow trades on downticks was $0.16 million. The total money flow was $0.8 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.76 million. The total value of the trades done on upticks was $0.76 million. E*TRADE Financial Corporation (ETFC) was trading with a -0.04% change over previous days close. It fell $0.01 during the day and reached $26.15. The stock was 0.38% compared to the previous weeks close.


The company Insiders own 0.25% of E*TRADE Financial Corporation shares according to the proxy statements. Institutional Investors own 91.59% of E*TRADE Financial Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.34%.

In a related news, The officer (Principal Accounting Officer), of E Trade Financial Corp, Simonich Brent had unloaded 3,994 shares at $26.22 per share in a transaction on April 26, 2016. The total value of transaction was $104,723. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

E*TRADE Financial Corporation (NASDAQ:ETFC): The stock opened at $26.17 and touched an intraday high of $26.52 on Friday. During the day, the stock corrected to an intraday low of $26.03, however, the bulls stepped in and pushed the price higher to close in the green at $26.48 with a gain of 1.22% for the day. The total traded volume for the day was 2,191,255. The stock had closed at $26.16 in the previous trading session.

E*TRADE Financial Corporation (ETFC) : Traders are bullish on E*TRADE Financial Corporation (ETFC) as it has outperformed the S&P 500 by a wide margin of 2.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.65% in the last 1 week, and is up 2.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

E*Trade Financial Corporation is a financial services company and an online brokerage industry. The Company offers solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 Company branches across the United States. The Company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.

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