HomeMost PopularNotable ETF Outflow Detected - TIP

Notable ETF Outflow Detected – TIP

Actionable Trade Ideas

always free

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares TIPS Bond ETF (Symbol: TIP) where we have detected an approximate $127.0 million dollar outflow β€” that’s a 0.7% decrease week over week (from 172,600,000 to 171,400,000).

The chart below shows the one year price performance of TIP, versus its 200 day moving average:

iShares TIPS Bond ETF 200 Day Moving Average Chart

Looking at the chart above, TIP’s low point in its 52 week range is $101.74 per share, with $108.54 as the 52 week high point β€” that compares with a last trade of $106.23. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique β€” learn more about the 200 day moving average Β».

Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.

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

Also see:

Β• VTAE Options Chain
Β• EQT Price Target
Β• UGX Videos

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.