iShares Russell 2000 ETF Sees Significant Inflow of $718.7 Million
Analyzing week-over-week changes in shares outstanding among ETFs, one notable performer is the iShares Russell 2000 ETF (Symbol: IWM). This ETF has experienced an inflow of approximately $718.7 million, representing a 1.2% increase in outstanding units, which rose from 314,650,000 to 318,500,000. Among its largest holdings, the performance of individual companies today includes Sprouts Farmers Market Inc (Symbol: SFM), up about 0.8%, Insmed Inc (Symbol: INSM), down approximately 0.3%, and FTAI Aviation Ltd (Symbol: FTAI), which has dipped about 1.7%. For the comprehensive list of holdings, check the IWM Holdings page.
The chart below illustrates the one-year price performance of IWM in relation to its 200-day moving average:
Looking at the chart, IWM’s 52-week low was $171.73 per share, while its 52-week high reached $244.98. The most recent trade price stands at $187.02. Analyzing the share price against the 200-day moving average can provide valuable technical insights.
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Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” instead of “shares.” These units can be traded like stocks but can also be created or eliminated based on investor demand. We monitor changes in shares outstanding weekly to identify ETFs with significant inflows, indicating new unit creation, or outflows, showing unit destruction. The creation of new units necessitates purchasing the underlying holdings of the ETF. Conversely, the destruction of units involves selling those holdings, which can affect the individual components of the ETF.
Click here to discover which 9 other ETFs experienced notable inflows.
Also see:
- Institutional Holders of AAOI
- ACWF YTD Return
- DPSI Stock Predictions
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
