Analyzing ETF Trends: SOXX, INTC, MRVL, NXPI Deciphering ETF Evolution: SOXX, INTC, MRVL, NXPI

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Unveiling ETF Trends

Today, we delve into the ever-evolving universe of Exchange Traded Funds (ETFs) to uncover intriguing trends. One particular standout is the iShares Semiconductor ETF (SOXX), where a substantial $228.2 million outflow has been detected. This translates to a 1.8% decrease in shares outstanding from 19,050,000 to 18,700,000 over the course of a week.

Market Movements

In the realm of SOXX, some of the key players are showing interesting movements today. Intel Corp (INTC) is up approximately 1.1%, Marvell Technology Inc (MRVL) is surging by 4.7%, and NXP Semiconductors NV (NXPI) is also on the rise, with an increase of 1.8%.

Historical Performance

When we gaze back over the past year, we witness the price performance of SOXX against its 200-day moving average. The chart depicts that SOXX hit a low of $394.59 per share and soared to a high of $669.10 in a 52-week period. The latest trade settling at $668.57 offers a compelling insight into its trajectory when compared to the 200-day moving average.

Interested in technical analysis? Comparing the current share price with the 200-day moving average could offer additional valuable insights.

Insights into ETF Dynamics

ETFs are not just stocks; they are a unique breed where investors trade β€œunits” instead of traditional shares. These units can be traded akin to stocks but also created or obliterated in response to investor demand. We meticulously track weekly changes in shares outstanding to monitor ETFs witnessing significant inflows or outflows. Notable changes signify the creation or destruction of units, directly impacting the underlying assets. Large flows can also reverberate across individual components housed within ETFs.

On the lookout for ETFs experiencing noteworthy outflows? Click the link below to explore 9 other ETFs that have witnessed intriguing movements.

nslideshowClick here to find out which 9 other ETFs experienced notable outflows Β»

Also see:

Β• Victor Mashaal Stock Picks
Β• Institutional Holders of QDYN
Β• ULTA Options Chain

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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