“ETF Outflow Update: Insights on IJR, COOP, EAT, and CORT”

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iShares Core S&P Small-Cap ETF Sees Significant Outflow This Week

In a week marked by notable changes in shares outstanding among ETFs, the iShares Core S&P Small-Cap ETF (Symbol: IJR) stands out with an outflow of approximately $245.6 million. This represents a 0.3% decrease in shares week over week, dropping from 744,550,000 to 742,000,000. Key components within IJR are also experiencing movement: Mr. Cooper Group Inc (Symbol: COOP) decreased by about 3%, Brinker International, Inc. (Symbol: EAT) fell by approximately 0.9%, while Corcept Therapeutics Inc (Symbol: CORT) rose by about 1.3%. For a detailed overview of the holdings, visit the IJR Holdings page.

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

iShares Core S&P Small-Cap ETF 200 Day Moving Average Chart

According to the chart, IJR’s low for the past 52 weeks is $89.22 per share, while the high is $128.61. It was last traded at $94.66. Analyzing the recent share price in relation to the 200-day moving average serves as a potential technical analysis tool. Learn more about the 200-day moving average.

Exchange-traded funds (ETFs) operate similarly to stocks, but investors buy and sell “units” instead of traditional shares. These units can be traded like stocks but can also be created or destroyed based on investor demand. To track significant inflows (new units created) or outflows (existing units destroyed), we monitor weekly changes in shares outstanding. When new units are created, the underlying assets of the ETF may need to be purchased, while the destruction of units involves selling these assets. Large movements can impact the components held within the ETFs themselves.

Click here to discover nine other ETFs that have seen notable outflows.

Also see:
  • My Morning Joe Stock Watch
  • Funds Holding DVQQ
  • Funds Holding BAPR

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

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