Notable Increase in Units and Key Performance Metrics
Looking at the latest data on shares outstanding for ETFs, the iShares MSCI World ETF (Symbol: URTH) stands out with an impressive inflow of approximately $140.3 million. This represents a 3.6% rise in outstanding units, increasing from 25,000,000 to 25,900,000 week over week. Among URTH’s largest holdings, Oracle Corp (Symbol: ORCL) saw a 0.9% increase in its share price, while Linde PLC (Symbol: LIN) experienced a slight decline of 0.5%. Notably, ServiceNow Inc (Symbol: NOW) surged by 6.9%. For a complete list of ownership, please visit the URTH Holdings page »
Price Performance and Technical Insights
The chart below illustrates URTH’s one-year price performance compared to its 200-day moving average:
URTH’s 52-week low is recorded at $114.70 per share, while its 52-week high reaches $158.745, with the last trade noted at $156.47. Evaluating the current share price against the 200-day moving average can serve as a valuable technical analysis tool—learn more about the 200-day moving average »
Understanding ETF Dynamics
Exchange-Traded Funds (ETFs) function similarly to stocks, but instead of trading “shares,” investors buy and sell “units.” These units can be exchanged just like shares, though they can also be created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs with substantial inflows or outflows. When new units are created, it indicates that underlying assets must be purchased, whereas the destruction of units reflects selling of those assets. Consequently, significant flows can influence the individual components within ETFs.
Click here for nine other ETFs with significant inflows »
Related Resources:
- Preferreds of SAFE Dividend Stocks
- DNKN shares outstanding history
- TYPE Insider Buying
The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
