Investors Showcase Interest in IXUS with $541 Million Boost
A remarkable situation has emerged in the world of exchange-traded funds (ETFs). The iShares Core MSCI Total International Stock ETF (Symbol: IXUS) has experienced a significant inflow of approximately $541 million. This accounts for a 1.5% increase in its outstanding units, rising from 556,300,000 to 564,500,000 over the past week. Among IXUS’s key holdings, today’s trading reflected a slight uptick of about 0.2% for Nu Holdings Ltd (Symbol: NU), Yum China Holdings Inc (Symbol: YUMC) saw a 0.3% rise, while CrediCorp Ltd. (Symbol: BAP) decreased by approximately 0.1%. For a complete list of holdings, visit the IXUS Holdings page »
The chart below illustrates the one-year price performance of IXUS compared to its 200-day moving average:
The analysis indicates that IXUS reached a low of $61.985 per share during its 52-week range, while the highest point hit $73.53. Currently, the ETF trades at $66.10. Evaluating the latest share price against the 200-day moving average offers investors a useful technical analysis tool. Learn more about the 200-day moving average »
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Exchange-traded funds (ETFs) operate similarly to stocks, but instead of purchasing “shares,” investors buy and sell “units.” These units can be traded like stocks, while also being created or destroyed based on market demand. Each week, we monitor weekly changes in shares outstanding to identify ETFs with notable inflows or outflows. The creation of new units requires purchasing the ETF’s underlying assets, while selling existing units implies selling those holdings. Therefore, significant inflows or outflows can directly affect the individual components within 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.
