Investors take note: the iShares Russell 1000 Growth ETF (IWF) has seen a substantial influx of approximately $181.9 million. This marks a noteworthy 0.2% increase in outstanding units compared to the previous week, rising from 264,850,000 to 265,400,000.
Performance Snapshot and Market Movements
Among the key players affecting IWF today, Microsoft Corporation (MSFT) is down by 0.2%, Apple Inc. (AAPL) has decreased by 0.7%, and Amazon.com Inc. (AMZN) is showing a decline of about 0.2%.
To gain a comprehensive insight into the ETF’s holdings, interested parties can refer to the IWF Holdings page.
Technical Analysis and Price Comparison
The one-year price performance of IWF relative to its 200-day moving average is a crucial factor to consider. With a 52-week low of $221.56 per share and a high of $333.68, the latest trade was recorded at $328.94. By comparing the recent share price to the 200-day moving average, investors can employ technical analysis techniques to enhance their decision-making.
Understanding Exchange Traded Funds (ETFs)
ETFs function similarly to stocks, as investors trade “units” instead of traditional “shares.” These units are capable of being bought, sold, created, or destroyed based on market demand. By monitoring week-over-week changes in shares outstanding, market participants can identify ETFs witnessing significant inflows or outflows. Notable inflows indicate the creation of new units, necessitating the purchase of underlying assets, while outflows signify the destruction of units, involving the sale of these assets and potentially influencing the individual components held within ETFs.
Curious about other ETFs with remarkable inflows? Click 
here to discover nine additional ETFs attracting attention.
Additional Resources:
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The views and opinions expressed herein are those of the author and not necessarily reflective of Nasdaq, Inc.
