Significant Outflow Observed in iShares Russell Mid-Cap ETF

Today, notable changes in shares outstanding for various ETFs highlight the iShares Russell Mid-Cap ETF (Symbol: IWR). This ETF experienced approximately $90.7 million in outflows, translating to a 0.2% decrease from 457,150,000 to 456,150,000 shares week over week. Among IWR’s key components, Arthur J. Gallagher & Co. (Symbol: AJG) rose about 0.1%, while Williams Cos Inc (Symbol: WMB) dropped by 0.4%. Howmet Aerospace Inc (Symbol: HWM) saw an increase of about 1.1%. For a complete list of holdings, see the IWR Holdings page.

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

From the chart, IWR’s 52-week low stands at $73.168 per share, with a high of $96.005, while the last trade price was observed at $90.28. Analyzing the latest share price against the 200-day moving average can provide insight into market trends.

Exchange-traded funds (ETFs) operate like stocks, but investors buy and sell “units” instead of shares. These units can be traded like stocks but can also be created or destroyed based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs with significant inflows or outflows. If new units are created, the underlying holdings must be purchased; conversely, when units are destroyed, the underlying holdings are sold, potentially affecting individual components within the ETFs.

For additional insights, click here to discover which 9 other ETFs faced notable outflows.

Also see:

• Office Supplies Dividend Stocks
• BKYF Historical Stock Prices
• BILL Options Chain

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