“SHY ETF Sees Significant Inflows: An Investment Insight”

Published On: December 3, 2024 5:08 pm

Surge in iShares 1-3 Year Treasury Bond ETF Amid Notable Inflows

Significant Week-Over-Week Change in Outstanding Shares

Recent data from ETF Channel highlights a significant rise in the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY). This ETF has seen an inflow of approximately $279.0 million, marking a 1.2% increase in outstanding units from 274,200,000 to 277,600,000 over the past week.

The following chart illustrates the price performance of SHY over the last year in relation to its 200-day moving average:

iShares 1-3 Year Treasury Bond ETF 200 Day Moving Average Chart

Currently, SHY’s share price stands at $82.08. The ETF has fluctuated between a low of $80.91 and a high of $83.30 in the past 52 weeks. Comparing the current price to the 200-day moving average is a helpful tool for technical analysis.

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When investing in exchange traded funds (ETFs), it’s important to note that they function similarly to stocks. However, investors buy and sell “units” rather than “shares”. These units can be traded just like stocks and can also be created or destroyed based on investor demand. We closely monitor changes in outstanding shares weekly to identify ETFs that are experiencing significant inflows or outflows. A creation of new units means purchasing the underlying assets, while a destruction of units results in selling them. Consequently, these movements can influence the individual securities held within the ETFs.

Click here to find out which 9 other ETFs had notable inflows »