Week-Over-Week Changes in ETF Shares Highlight Strong Investor Interest
This week, a notable change in shares outstanding was seen in the iShares Core MSCI EAFE ETF (Symbol: IEFA). The ETF experienced an inflow of approximately $402.5 million, resulting in a 0.3% rise in shares from 1,644,400,000 to 1,650,000,000. Among its largest holdings, Sea Ltd (Symbol: SE) rose about 3.5%, AerCap Holdings NV (Symbol: AER) remained unchanged, and Teva Pharmaceutical Industries Ltd (Symbol: TEVA) declined by about 0.7%. To view the complete list of holdings in this ETF, visit the IEFA Holdings page.
The chart below illustrates IEFA’s price performance over the past year compared to its 200-day moving average:
IEFA’s share price ranged between a low of $66.7743 and a high of $78.825 over the past year, with the most recent trading price at $72.03. Investors often evaluate the price in relation to the 200-day moving average for additional insights into stock performance.
In the world of investing, exchange-traded funds (ETFs) function similarly to stocks, but instead of trading “shares,” investors buy and sell “units.” These units can be created or destroyed based on demand. Each week, we analyze changes in outstanding shares to identify ETFs like IEFA that are seeing significant inflows or outflows. When new units are created, the underlying assets of the ETF must be acquired, while the destruction of units requires the sale of assets. Therefore, substantial inflows and outflows can influence the individual securities held within these ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
