Schwab International Equity ETF Sees $142.3 Million Inflow
In the latest review of ETFs, the Schwab International Equity ETF (Symbol: SCHF) reported a significant inflow of approximately $142.3 million. This represents a 0.3% increase in week-over-week outstanding units, rising from 2,197,400,000 to 2,204,000,000 shares.
The chart below illustrates SCHF’s one-year price performance against its 200-day moving average:
SCHF has a 52-week low of $17.56 and a high of $21.72. The latest trade price stands at $21.58, slightly below its 52-week high. Analyzing the recent share price against the 200-day moving average can provide insights into market trends.
Exchange-traded funds (ETFs) operate similarly to stocks, with “units” being bought and sold. These units can be created or destroyed to meet investor demand. Monitoring week-over-week changes in shares outstanding helps identify ETFs with significant inflows or outflows. The creation of new units typically requires purchasing the underlying holdings, while unit destruction necessitates selling those holdings, potentially affecting individual components within ETFs.
Click here to discover which other ETFs saw notable inflows.
Also see:
- Hasbro shares outstanding history
- PIKE Historical Stock Prices
- WKC Dividend History
The views expressed here reflect the author’s opinion and may not represent those of Nasdaq, Inc.
