iShares MSCI EAFE Value ETF Sees Significant Week-Over-Week Inflow
In the latest analysis of ETF activity, the iShares MSCI EAFE Value ETF (Symbol: EFV) experienced a notable inflow of approximately $247.1 million. This reflects a week-over-week increase of 1.2% in outstanding units, rising from 343,200,000 to 347,200,000.
Key Holdings Performance
Among the key components of EFV today, AerCap Holdings NV (Symbol: AER) has increased approximately 0.3%, while Coca-Cola Europacific Partners plc (Symbol: CCEP) has decreased by about 1.3%. Additionally, Teva Pharmaceutical Industries Ltd (Symbol: TEVA) has seen a decline of about 2.4%. For a detailed list of holdings, refer to the EFV Holdings page.
Price Performance Overview
The chart below illustrates EFV’s price performance over the past year, compared to its 200-day moving average:
As indicated in the chart, the 52-week low for EFV stands at $51.045 per share, while the 52-week high is at $62.06, with the most recent trade reported at $61.87. Analyzing the latest share price in relation to the 200-day moving average can provide valuable insights into market trends.
Understanding ETF Trading Mechanics
Exchange-Traded Funds (ETFs) function similarly to stocks; however, investors trade “units” instead of “shares.” These units can be bought and sold just like stocks, and they can also be created or destroyed based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs facing significant inflows (indicative of new unit creation) or outflows (signifying unit destruction). The creation of new units necessitates purchasing the underlying holdings of the ETF, while the destruction of units requires selling these holdings. Consequently, substantial inflows or outflows can influence the individual components held within ETFs.
Find out which other ETFs had notable inflows here.
Related Topics:
- Cheap REIT Stocks
- XOP Options Chain
- Institutional Holders of ARKR
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
