ETFs Experience Notable Movement
This week, the iShares Core S&P Small-Cap ETF (Symbol: IJR) has shown impressive growth, attracting approximately $326.5 million in inflows. This marks a 0.4% rise in outstanding units, increasing from 755,550,000 to 758,350,000. Within the ETF, key players include Bath & Body Works Inc (Symbol: BBWI), which has decreased by about 0.8%, Glaukos Corp (Symbol: GKOS), up roughly 1.1%, and ATI Inc (Symbol: ATI), increasing by about 0.2%. For a full breakdown of holdings, check the IJR Holdings page »
Analyzing IJR’s Performance
The accompanying chart highlights IJR’s price performance over the past year compared to its 200-day moving average:
Over the last 52 weeks, IJR’s price ranged from a low of $101.50 to a high of $128.61, with the latest closing price at $116.54. Investors often use the comparison between the current price and the 200-day moving average as a tool for technical analysis. To learn more about this method, explore our guide on the 200-day moving average ».
Understanding ETF Units
It’s important to note that exchange-traded funds (ETFs) operate similarly to stocks but involve “units” instead of shares. These units can be traded back and forth like stocks, yet they can also be created or destroyed based on investor demand. Our weekly monitoring of shares outstanding helps identify ETFs with significant inflows—indicating new unit creation—or outflows, which reflect unit destruction. When new units are created, the ETF must acquire the underlying assets, while unit destruction requires selling off those holdings. Therefore, substantial flows can influence individual components within these ETFs.
Click here to discover which 9 other ETFs experienced notable inflows »
Also see:
- Auto Dealerships Dividend Stocks
- PACX Shares Outstanding History
- MIME Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.