“Significant ETF Inflows Observed for IVE, XOM, BAC, CVX”

Avatar photo

iShares S&P 500 Value ETF Sees $465 Million Inflow This Week

Analyzing week-over-week changes in shares for various ETFs, the iShares S&P 500 Value ETF (Symbol: IVE) has attracted significant attention. This week, it recorded approximately $465.4 million in inflows, reflecting a 1.3% increase in outstanding units—from 196,450,000 to 199,000,000.

Performance of Underlying Components

Among the largest holdings within IVE, key stocks are experiencing slight declines today. Exxon Mobil Corp (Symbol: XOM) is down about 0.5%, Bank of America Corp (Symbol: BAC) has dropped around 0.4%, and Chevron Corporation (Symbol: CVX) is lower by about 0.8%. For a detailed breakdown of holdings, please refer to the IVE Holdings page.

Price Trends and Technical Indicators

The chart below illustrates IVE’s one-year price performance alongside its 200-day moving average:

iShares S&P 500 Value ETF 200 Day Moving Average Chart

IVE has a 52-week range with a low of $165.4463 per share and a high of $206.63. The latest trade price stands at $182.18. Evaluating the current share price against the 200-day moving average can provide useful insights for technical analysis.

Understanding ETF Units and Market Dynamics

Exchange-traded funds (ETFs) function similarly to stocks, but investors buy and sell “units” instead of shares. These units can be traded like stocks and can also be created or redeemed based on investor demand. Our weekly monitoring of changes in outstanding shares helps identify ETFs with significant inflows (new units created) or outflows (units redeemed). The creation of new units necessitates the purchase of underlying assets, while the destruction of units involves selling holdings, which can impact individual stock performance.

Check out which other ETFs have experienced notable inflows this week.

Also of Interest:
  • AVB shares outstanding history
  • MRVL Split History
  • BLIN Split History

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

The free Daily Market Overview 250k traders and investors are reading

Read Now