In recent trading, the iShares Russell 1000 Value ETF (Symbol: IWD) has attracted attention due to an impressive inflow of approximately $2.1 billion. This amount represents a 3.5% week-over-week increase in the number of outstanding units, rising from 322,550,000 to 333,750,000. Among IWD’s major holdings, Walmart Inc (Symbol: WMT) has seen a slight increase of about 0.1%. Conversely, Johnson & Johnson (Symbol: JNJ) and Procter & Gamble Company (Symbol: PG) experienced minor declines of around 0.1% and 0.3%, respectively. For a detailed breakdown of all holdings, visit the IWD Holdings page »
The chart below illustrates IWD’s price performance over the past year compared to its 200-day moving average:
Notably, IWD’s share price has fluctuated within a 52-week range, hitting a low of $160.98 and a high of $200.42, with the last trade recorded at $184.01. Analyzing the current share price in relation to the 200-day moving average can offer valuable insights for investors—learn more about the 200-day moving average »
Exchange-traded funds (ETFs) function similarly to stocks; however, investors trade ”units” instead of traditional stock ”shares”. These units can be created or destroyed based on investor demand, providing flexibility for ETF management. Each week, we assess changes in outstanding units to identify ETFs experiencing significant inflows (indicating new units created) or outflows (indicating units destroyed). The creation of new units necessitates the purchase of the ETF’s underlying holdings, while unit destruction often requires selling these holdings, potentially affecting the overall stock prices within the fund.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- Oversold Canadian Stocks
- VRE YTD Return
- OBSV Stock Predictions
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
