JEPQ ETF Sees Significant Inflows Amidst Weekly Market Movements
Today, we observe notable changes in ETF shares, particularly with the JEPQ ETF (Symbol: JEPQ). The fund has experienced an impressive inflow of approximately $319.3 million. This resulted in a 1.7% increase in outstanding units, climbing from 327,425,000 to 333,100,000 week-over-week.
The chart below illustrates the one-year price performance of JEPQ compared to its 200-day moving average:
In examining the price movements, JEPQ reached a low of $47.6708 per share over the past year, while its peak was $56.78. The last recorded trade price was $55.73. Analyzing the current share price in relation to the 200-day moving average can provide valuable insights for investors seeking technical analysis strategies.
Free Report: Top 8%+ Dividends (paid monthly)
Exchange-traded funds (ETFs) operate similarly to stocks; however, investors are buying and selling ‘units’ instead of traditional shares. These units can be traded like stocks and adjusted according to investor demand. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (existing units destroyed). The creation of new units necessitates the purchase of the underlying assets, while the destruction of units requires selling those assets, which can influence the individual securities held within the ETFs.
Click here to discover which 9 other ETFs also had notable inflows »
Also see:
- XFIN shares outstanding history
- GLHA Historical Stock Prices
- Top Ten Hedge Funds Holding PGRX
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
