Surge in Inflows for iShares Core MSCI Total International Stock ETF (IXUS)
Upon examining week-over-week changes in shares outstanding among ETFs, the iShares Core MSCI Total International Stock ETF (Symbol: IXUS) has captured our attention with a remarkable inflow of approximately $241.5 million. This surge represents a 0.7% escalation in outstanding units, soaring from 527,700,000 to 531,300,000. Noteworthy movements amongst the key components of IXUS include Coca-Cola Europacific Partners plc (Symbol: CCEP) climbing by 1.6%, CyberArk Software Ltd (Symbol: CYBR) rising by 0.3%, and CrediCorp Ltd. (Symbol: BAP) dipping by 0.4%. For a comprehensive inventory of holdings, do visit the IXUS Holdings page.
Price Performance of IXUS and its 200-day Moving Average
The visualization below delineates the one-year price performance of IXUS against its 200-day moving average:
Grasping the graph’s narrative, the lowest point in IXUS’s 52-week range stands at $57.04 per share, juxtaposed with the 52-week apex of $67.845. The most recent trade registers at $67.22. Conducting a comparative analysis between the latest share price and the 200-day moving average proves to be a salient technical analysis methodology.
Free Report: Top 8%+ Dividends (paid monthly)
ETFs, akin to stocks, are traded based on ‘units,’ which can be transacted interchangeably similar to stocks. These ‘units’ are flexible, capable of creation or annihilation to meet investor requisites. Our weekly scrutiny of shares outstanding data aids in identifying ETFs with notable inflows (due to new unit creation) or outflows (owing to unit destruction). The inception of new units necessitates procurement of an ETF’s underlying assets, while unit extinction involves the divestment of these assets, thereby impacting the individual components held within ETFs.
Click here to discover the other 9 ETFs demonstrating significant inflows.
Further Exploration:
Cheap Tech Stocks
PRCT Videos
MOR Videos
The opinions articulated herein belong to the author and do not necessarily mirror those of Nasdaq, Inc.
