Today, we noticed a remarkable change in the iShares Core S&P Total U.S. Stock Market ETF (Symbol: ITOT) as it welcomed approximately $109.3 million in inflows. This translates to a 0.2% increase in shares outstanding, climbing from 497,400,000 to 498,250,000 over the past week. Key holdings in ITOT, such as Thermo Fisher Scientific Inc (Symbol: TMO), Morgan Stanley (Symbol: MS), and Danaher Corp (Symbol: DHR), have also shown positive performance, with increases of about 1% and 0.7% respectively. For greater detail on the ETF’s holdings, please visit the ITOT Holdings page »
Below is a chart detailing the one-year price performance of ITOT in relation to its 200-day moving average:
Analyzing the chart, ITOT’s 52-week low stands at $103.01 per share, while the high reached $134.51. Currently, the last recorded trading price is $129.04. Observing the latest share price against the 200-day moving average can offer valuable insights for technical analysis — learn more about the 200-day moving average ».
Exchange-traded funds (ETFs) operate like stocks, but rather than trading “shares,” investors buy and sell “units.” These units are exchanged similarly to stocks but can also be created or destroyed based on investor demand. Each week, we track changes in outstanding shares to identify ETFs that are experiencing notable inflows or outflows. When new units are created, it requires purchasing the ETF’s underlying holdings; conversely, when units are destroyed, there’s a need to sell those holdings. Therefore, significant inflows or outflows can impact individual component stocks within the ETF.
Click here to discover 9 other ETFs with notable inflows »
Also see:
- FXA Historical Stock Prices
- Institutional Holders of FXZ
- RRMS Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
