“`html
Looking at the latest week-over-week data for exchange-traded funds (ETFs) at ETF Channel, a significant development involves the iShares MSCI USA Quality Factor ETF (Symbol: QUAL). This ETF experienced an outflow of approximately $139.2 million, marking a 0.3% decrease in shares outstanding, which fell from 279,000,000 to 278,250,000.
Among QUAL’s key holdings, today’s trading reveals mixed results. Nike (Symbol: NKE) is down by about 0.4%, ConocoPhillips (Symbol: COP) has risen approximately 2.8%, while Chipotle Mexican Grill Inc (Symbol: CMG) has seen a decline of about 2.2%. For a complete list of holdings, please visit the QUAL Holdings page »
A look at the chart reveals QUAL’s price performance over the past year compared to its 200-day moving average. The ETF’s low point for the year was $154.17 per share, while the high reached $187.26. Currently, it trades at $185.21, which is insightful when compared to its 200-day moving average—an important technical indicator for investors evaluating stock trends.
Exchange-traded funds (ETFs) function much like stocks, with investors buying and selling “units” instead of traditional shares. These units are flexible; they can be created or destroyed per investor demand. Our weekly monitoring of share changes helps identify ETFs with noteworthy inflows (indicating new unit creation) or outflows (showing the destruction of units). The creation of new units requires the purchase of underlying holdings, while the destruction involves selling those holdings, affecting the value of the ETF’s components.
Click here to find out which 9 other ETFs experienced notable outflows »
Additional Resources:
- Warren Buffett Dividend Stock Portfolio
- Institutional Holders of BAMV
- WF Market Cap History
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
“`
