Strong Inflows for iShares Broad USD High Yield Corporate Bond ETF

Examining the latest week-over-week changes in outstanding shares among ETFs, the iShares Broad USD High Yield Corporate Bond ETF (Symbol: USHY) stands out with an inflow of approximately $937.0 million. This figure represents a 4.6% increase in outstanding units, rising from 551,050,000 to 576,650,000 units.

Price Performance Overview

The chart below illustrates the one-year price performance of USHY in comparison to its 200-day moving average:

Analyzing the chart reveals that USHY has experienced a low of $34.90 per share over the past 52 weeks, with a peak of $37.72. The most recent trading price stands at $36.42. Comparing this recent price to the 200-day moving average is a valuable technical analysis method.

Understanding ETF Trading Dynamics

ETFs operate similarly to stocks. However, investors buy and sell “units” instead of “shares.” These units can be traded like stocks, but they can also be created or destroyed based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs experiencing significant inflows, indicating new units created, or outflows, meaning existing units are removed. When new units are created, the ETF must purchase the underlying holdings, which can influence the prices of those assets.

Furthermore, large inflows or outflows can impact the individual components held within ETFs, making it important for investors to stay informed.

For detailed insights into other ETFs with notable inflows, please refer to the sources available.

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.