Week-Over-Week Changes Highlight ETF Performance
Looking at the recent changes in shares outstanding for ETFs, the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) stands out. The fund experienced an inflow of approximately $244.2 million, which translates to a 1.8% increase in outstanding units, rising from 149,000,000 to 151,700,000.
The chart below illustrates EMB’s price performance over the past year compared to its 200-day moving average:
In the previous year, EMB reached a low of $86.40 per share and a high of $93.97. As of the latest trade, the share price stands at $90.43. Analyzing the most recent share price against the 200-day moving average can provide valuable insights for investors—discover more about the 200-day moving average here.
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Exchange-traded funds (ETFs) function similarly to stocks, but investors trade in “units” instead of shares. These “units” can be bought and sold, and can also be created or removed to manage investor demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows (indicating new units created) or outflows (signifying many units removed). When new units are created, it requires the purchase of the ETF’s underlying holdings, while destroying units involves selling those holdings. Thus, large inflows or outflows impact the individual components within ETFs.
Click here to see which 9 other ETFs had notable inflows »
Also see:
• The Ten Worst ETF Performers
• OCIP Historical Stock Prices
• WNRL Videos
The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
