AVLV ETF Sees Significant Outflow in Weekly Trading
Investors Withdraw Approximately $93.9 Million from AVLV
In the latest analysis of ETF trading, the AVLV ETF (Symbol: AVLV) has shown a notable week-over-week outflow of around $93.9 million. This represents a 1.8% decrease in shares outstanding, dropping from 73,880,000 to 72,560,000.
The chart below provides insight into the one-year price performance of AVLV in relation to its 200-day moving average:
As indicated in the chart, AVLV’s share price hit a low of $53.8304 and a high of $71.37 over the past year. The most recent trading price is $70.72. Analyzing the recent share price alongside the 200-day moving average can provide valuable insights into market trends and potential investment opportunities.
Exchange-Traded Funds (ETFs) operate similarly to stocks; however, instead of trading “shares,” investors buy and sell “units.” These units can be adjusted to meet investor demand, meaning they can be created or destroyed as needed. We track these weekly changes in shares outstanding to identify ETFs experiencing significant inflows, where new units are created, or outflows, where existing units are removed. Large-scale movements can affect the individual stocks within the ETFs, as buying new units requires purchasing the underlying assets, while selling units necessitates offloading those assets.
Click here to find out which 9 other ETFs experienced 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.
