Significant Outflow of $877.3 Million from iShares 7-10 Year Treasury Bond ETF

In the latest analysis of week-over-week changes in ETF shares outstanding, the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) has experienced a notable outflow of approximately $877.3 million. This translates to a decrease of 2.5% in shares outstanding, dropping from 373,900,000 to 364,600,000.

Price Performance and Technical Analysis

The chart below illustrates the one-year price performance of IEF alongside its 200-day moving average:

Currently, IEF has a 52-week low of $91.02 per share and a high of $99.18. The most recent trading price is $94.73. Comparing this price to the 200-day moving average can be a valuable technical analysis method.

Understanding ETF Flows

Exchange-Traded Funds (ETFs) operate similarly to stocks but involve the buying and selling of ”units.” These units can be traded like stocks, and they can also be created or destroyed based on investor demand. Each week, we track the changes in shares outstanding among ETFs to identify those experiencing notable inflows (indicating new units created) or outflows (indicating old units destroyed).

The creation of new units necessitates purchasing the underlying securities of the ETF. Conversely, when units are destroyed, it involves selling those underlying holdings. Therefore, significant inflows or outflows can have a substantial impact on the individual components held within these ETFs.

Additional Resources

For insights into other ETFs experiencing significant outflows, click here.

Also See:

• AVY Market Cap History
• Top Ten Hedge Funds Holding PDEX
• Institutional Holders of SLX

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