Significant Inflows Detected in iShares Russell Mid-Cap Value ETF
In today’s analysis of week-over-week changes in outstanding shares among exchange-traded funds (ETFs), the iShares Russell Mid-Cap Value ETF (Symbol: IWS) stands out with a remarkable inflow of approximately $191.7 million. This inflow represents a 1.4% increase in outstanding units, rising from 104,250,000 to 105,750,000.
Performance of Key Holdings
As for the largest underlying components of the IWS, notable price movements include Bank of New York Mellon Corp (Symbol: BK), which has increased by about 0.6%. Likewise, AFLAC Inc (Symbol: AFL) saw an increase of roughly 1.4%, and Realty Income Corp (Symbol: O) rose about 1%. For a full list of holdings, refer to the IWS Holdings page.
Tracking Price Movements
The chart below displays the one-year price performance of IWS compared to its 200-day moving average:
In examining the data, IWS’s 52-week low sits at $117 per share, and the 52-week high reaches $140.95. The most recent trade price was $128.37. Comparing the current share price to the 200-day moving average provides insight into technical analysis strategies—further details on this can be found here.
Insights on ETF Trading
Exchange-traded funds (ETFs) operate similarly to stocks, with investors buying and selling ‘units’ instead of traditional shares. These units can be traded, created, or destroyed based on demand. Each week, we analyze the week-over-week changes in shares outstanding to identify ETFs experiencing significant inflows or outflows. The creation of new units necessitates the purchase of underlying assets, while the destruction of units requires selling those assets. Large flows, therefore, can influence the individual components held within ETFs.
Click here to discover which 9 other ETFs had notable inflows »
Also see:
- FUD Videos
- MVV YTD Return
- SSB Average Annual Return
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
