ETFs Experience Significant Outflows: EFG, CCEP, CHKP, FUTU Under Review

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The iShares MSCI EAFE Growth ETF (Symbol: EFG) experienced a significant outflow of approximately $93.4 million this week, marking a 0.9% decrease in shares outstanding from 84,400,000 to 83,600,000.

Notable fluctuations among EFG’s underlying components include Coca-Cola Europacific Partners plc (up 0.2%), Check Point Software Technologies, Ltd. (down 0.2%), and Futu Holdings Limited – American Depositary Shares (up 6.3%). EFG’s current share price stands at $116.91, within its 52-week range of $88.66 to $117.63.

The ETF’s performance can also be evaluated against its 200-day moving average, serving as a technical analysis tool for investors.

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