iShares S&P 500 Value ETF Sees $2.2 Billion Inflow This Week

This week, the iShares S&P 500 Value ETF (Symbol: IVE) has attracted attention with an impressive inflow of approximately $2.2 billion. This figure represents a 6.2% rise in outstanding units, increasing from 181,800,000 to 193,050,000. Among the major holdings within IVE, notable companies such as Procter & Gamble Company (Symbol: PG) have decreased by about 0.5%, Johnson & Johnson (Symbol: JNJ) has dropped approximately 0.8%, and JPMorgan Chase & Co (Symbol: JPM) is down about 1.6%. To explore the complete list of holdings, visit the IVE Holdings page.

The chart below illustrates the one-year price performance of IVE in relation to its 200-day moving average:

According to the chart, IVE’s share price has fluctuated within a 52-week range, with a low of $176.09 and a high of $206.63. The most recent trade occurred at $192.57. Analyzing the latest share price against the 200-day moving average can serve as a valuable technical analysis method—learn more about the 200-day moving average.

Exchange-Traded Funds (ETFs) function similarly to stocks. However, instead of “shares,” investors are trading “units.” These units can be exchanged much like stocks but can also be created or eliminated based on investor interest. Each week, we track the changes in shares outstanding to identify ETFs that are experiencing significant inflows (new units created) or outflows (old units destroyed). The creation of units requires purchasing the underlying assets of the ETF, while the destruction involves selling them. Thus, substantial flows can also influence the individual components held within ETFs.

Click here to discover which 9 other ETFs had notable inflows.

Additional resources:

• Closed End Fund Screener
• Funds Holding GEHC
• PRS Insider Buying

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