The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) experienced a significant outflow of approximately $101.8 million, representing a 5.8% decrease in shares outstanding from 10.4 million to 9.8 million week-over-week. This report comes as of today, highlighting notable stock movements among its largest components: CME Group rose by 0.2%, Intercontinental Exchange Inc increased by 1.6%, and Moody’s Corp. also saw a 1.6% uptick.
IAI’s 52-week trading range spans from a low of $116.88 to a high of $191.62, with the latest share price recorded at $171.87, indicating ongoing fluctuations in investor demand.
Monitoring week-over-week changes in shares outstanding can provide insights into significant inflows or outflows that may affect the underlying components of ETFs like IAI.
