DUHP ETF Sees Significant Inflows Amid Market Activity
Notable Changes in Outstanding Units
This week, the DUHP ETF (Symbol: DUHP) has caught attention with an estimated inflow of approximately $183.3 million. This marks a 2.6% rise in outstanding units, moving from 202,900,000 to 208,200,000.
Performance Overview
The chart below illustrates DUHP’s one-year price performance compared to its 200-day moving average:
Over the past year, DUHP reached a low of $24.6941 per share and peaked at $34.80. The last recorded trade was $34.78, highlighting its current position relative to the previous highs and lows.
Understanding ETF Dynamics
Investors should note that exchange-traded funds (ETFs) function similarly to stocks, with investors buying and trading “units” instead of “shares.” These units can be created or destroyed based on demand. Each week, we observe shifts in shares outstanding to identify ETFs with notable inflows or outflows. When new units are created, the underlying assets must also be acquired, while the destruction of units involves selling those assets. Therefore, large inflows or outflows can affect the individual components within these ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additional Resources:
- Insider Buying
- Institutional Holders of EPRX
- TCON Market Cap History
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
