iShares Core S&P U.S. Growth ETF Sees Notable Inflows This Week

Analyzing recent changes in week-over-week shares outstanding within the ETF universe, the iShares Core S&P U.S. Growth ETF (Symbol: IUSG) emerged as a significant performer. The fund experienced an inflow of approximately $185.8 million, marking a 1.0% increase in outstanding units—from 152,800,000 to 154,300,000.

Among the key holdings in IUSG, notable movements were observed today. ServiceNow Inc (Symbol: NOW) increased by about 1.6%, Uber Technologies Inc (Symbol: UBER) rose approximately 1%, while Boston Scientific Corp. (Symbol: BSX) climbed 0.9%. For a comprehensive overview of the ETF’s holdings, please visit the IUSG Holdings page.

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

Examining the data, IUSG’s 52-week low was $108.91 per share, while the 52-week high stood at $146.9899. In comparison, the most recent trade price was $125.61. Evaluating the recent share price against the 200-day moving average serves as an effective technical analysis method—learn more about the 200-day moving average.

Exchange traded funds (ETFs) function similarly to stocks, although they deal in “units” instead of “shares.” These units can be traded like stocks and can also be created or destroyed based on investor demand. Weekly tracking of shares outstanding helps identify ETFs facing significant inflows (creation of new units) or outflows (destruction of units). The creation of new units necessitates the purchase of the ETF’s underlying holdings, while destroying units involves selling those holdings. Consequently, substantial inflows or outflows can impact individual components within ETFs.

Click here to discover which 9 other ETFs experienced notable inflows »

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