The iShares MSCI Japan ETF (Symbol: EWJ) experienced a significant inflow of approximately $250.9 million in the past week, resulting in a 1.6% increase in outstanding units, which rose from 185,100,000 to 188,100,000.
Currently, the ETF’s share price stands at $83.27, positioned between its 52-week low of $59.84 and high of $84.065. Tracking the relationship between the latest share price and the 200-day moving average may provide additional insights into the ETF’s performance.
ETFs like EWJ trade in “units” rather than “shares,” and fluctuations in outstanding units can significantly impact the underlying assets held within the fund.
