Significant Outflows Impact Vanguard Industrials ETF Performance
Recent data from ETF Channel highlights significant changes in shares outstanding for the Vanguard Industrials ETF (Symbol: VIS). This ETF experienced an approximate $247.6 million outflow, translating to a 4.6% decrease week over week, with shares outstanding dropping from 21,081,967 to 20,101,967.
Performance of Major Holdings
Among VIS’s largest components, GE Vernova Inc (Symbol: GEV) is trading flat, while United Parcel Service Inc (Symbol: UPS) has decreased by about 1.8%. Additionally, 3M Co (Symbol: MMM) saw a decline of approximately 2%. For a full list of holdings, you can visit the VIS Holdings page.
Price Analysis and Historical Context
The chart below illustrates VIS’s one-year price performance compared to its 200-day moving average:
Looking at VIS’s performance, the ETF’s low point over the past year is $213.2565 per share, while its high point stands at $280.625. The most recent trade price is $253.57, indicating a notable position relative to its 200-day moving average, which can be a significant technical analysis tool for investors.
Understanding ETF Share Dynamics
Exchange-traded funds (ETFs) essentially function like stocks. However, instead of buying “shares,” investors purchase “units.” These units can be traded like stocks, but they can also be created or destroyed based on demand. Each week, we monitor changes in shares outstanding to identify ETFs experiencing significant inflows or outflows. When new units are created, the ETF must buy underlying holdings, while the destruction of units involves selling these holdings. Therefore, large flows can significantly affect the individual stocks within the ETF.
Click here to discover which 9 other ETFs have seen notable outflows.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
