ETF Outflow Update: IWM, CRDO, BE, FN

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In the latest data from ETF Channel, the iShares Russell 2000 ETF (IWM) recorded approximately $202.2 million in outflows, representing a 0.3% decrease in shares outstanding week-over-week, from 303.1 million to 302.3 million. Key stocks affecting this ETF’s performance include Credo Technology Group Holding Ltd (CRDO), down 2%, Bloom Energy Corp (BE), down 1.9%, and Fabrinet (FN), down 0.4%.

Over the past year, IWM has fluctuated between a low of $171.73 and a high of $258.20 per share, with the most recent trade at $250.82. This price is notably compared to its 200-day moving average, providing insights for investors using technical analysis.

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