AMLP ETF Sees Significant Inflows as Shares Outstanding Rise

AMLP ETF Records 2.2% Increase in Units as Investors Show Strong Interest

Recent data from ETF Channel reveals that the AMLP ETF (Symbol: AMLP) has experienced an impressive inflow of approximately $198.5 million. This represents a 2.2% increase in week-over-week units outstanding, rising from 190,107,420 to 194,332,420.

The chart below illustrates AMLP’s one-year price performance against its 200-day moving average:

According to the chart, AMLP’s share price has fluctuated between a low of $41.06 and a high of $49.44 over the past 52 weeks, with the most recent closing price at $47.13. Investors often compare the latest share price to the 200-day moving average as a technical analysis strategy.

Exchange-traded funds, or ETFs, operate similarly to stocks, but investors trade “units” instead of shares. These units can be bought or sold just like shares, and they can also be created or destroyed based on market demand. Each week, we track changes in shares outstanding to identify ETFs with significant inflows or outflows. When new units are created, the ETF must purchase its underlying holdings, whereas selling units means disposing of assets, influencing the individual components within the ETF as well.

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

Also see:

• Institutional Holders of NAO
• Funds Holding BBAR
• SUI Dividend Growth Rate

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