This week, the iShares MSCI EAFE ETF (Symbol: EFA) has caught our attention with a remarkable inflow of approximately $498.6 million. This translates to a 0.9% increase in outstanding units, rising from 697,200,000 to 703,800,000. In terms of its key components, shares of Wix.com Ltd. (Symbol: WIX) have risen about 0.9%, while monday.com Ltd. (Symbol: MNDY) and Global-E Online Ltd. (Symbol: GLBE) have seen declines of approximately 2% and 1.6%, respectively. For a detailed list of holdings, check the EFA Holdings page.
The performance of EFA over the past year is illustrated in the chart below, showing how it compares to its 200-day moving average:
The 52-week price range for EFA has been quite significant, with a low of $72.585 and a high of $84.5563. Currently, the ETF is trading at $75.44, providing a glimpse into its recent performance relative to its moving average, which often serves as an important technical indicator for investors.
It is important to note that exchange-traded funds (ETFs) operate similarly to stocks. However, when investors buy or sell these funds, they are actually trading “units” instead of shares. These units can be adjusted based on investor demand, leading to the creation or destruction of units. We monitor these changes weekly to identify ETFs like EFA that experience significant inflows or outflows, as these shifts can influence the underlying assets within each ETF.
Click here to discover which 9 other ETFs had notable inflows »
Additional Resources:
- Monthly Dividend Paying REITs
- SGC Split History
- TRCO Videos
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
