iShares Russell 2000 Value ETF Sees Significant Inflows This Week

In today’s analysis of week-over-week changes in ETF shares outstanding, the iShares Russell 2000 Value ETF (Symbol: IWN) stands out with an inflow of approximately $219.8 million. This marks a notable 2.2% increase in outstanding units, rising from 72,100,000 to 73,700,000. Among IWN’s largest underlying components, UMB Financial Corp (Symbol: UMBF) has climbed about 1.4%, Primo Brands Corporation Class A (Symbol: PRMB) is up roughly 0.4%, and Old National Bancorp (Symbol: ONB) is higher by around 0.3%. For full details regarding holdings, please visit the IWN Holdings page »

The chart below illustrates IWN’s one-year price performance compared to its 200-day moving average:

Currently, IWN has a 52-week low of $129.38 per share and a 52-week high of $183.5052, with the latest trade occurring at $138.52. Analyzing the recent share price against the 200-day moving average can provide insightful technical analysis—learn more about the 200-day moving average »

It’s important to note that exchange-traded funds (ETFs) operate similarly to stocks. However, instead of “shares,” investors trade “units.” These “units” can fluctuate in quantity; they can be created or destroyed based on market demand. Each week, we monitor changes in shares outstanding, highlighting ETFs experiencing significant inflows (indicative of new unit creation) or outflows (reflecting the destruction of units). Creating new units necessitates purchasing the underlying assets of the ETF, while the destruction of units involves selling underlying holdings. Consequently, large flows can notably affect the individual components within ETFs.

Click here to explore which 9 other ETFs experienced notable inflows »

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