The iShares Russell 1000 Growth ETF (IWF) reported a notable inflow of approximately $1.4 billion, marking a 1.1% week-over-week increase in outstanding units, rising from 261.7 million to 264.7 million. This uptick suggests strong investor interest in the ETF, particularly as it contains significant holdings in major tech companies.
As of the latest trading session, NVIDIA Corp (NVDA) saw a decrease of about 2%, while Apple Inc (AAPL) and Microsoft Corporation (MSFT) increased by 0.4% and 0.3%, respectively. The current price of IWF is $468.06, within its 52-week range of $308.67 to $493.
This increase in outstanding units indicates a corresponding rise in demand for the underlying assets of the ETF, which can significantly affect the individual component stocks within IWF.
