Notable Inflows Boost Units by 5.4%
Looking at the latest data from ETF Channel, the iShares MSCI World ETF (Symbol: URTH) has captured attention with an approximate $226.4 million inflow. This marks a 5.4% week-over-week increase in outstanding units, rising from 25,900,000 to 27,300,000. Among its major holdings, Coca-Cola Co (Symbol: KO) is down about 1.5%, Merck & Co Inc (Symbol: MRK) has dropped around 0.4%, and Advanced Micro Devices Inc (Symbol: AMD) has decreased by about 0.2%. For more information on its complete list of holdings, check out the URTH Holdings page »
The chart above illustrates URTH’s price performance over the past year in relation to its 200-day moving average. The ETF’s lowest point in the last 52 weeks was $127.49 per share, while its highest was $162.36. The recent trading price stands at $162.28, showcasing a notable trend. Evaluating the current share price against the 200-day moving average can be an effective strategy for technical analysis—learn more about the 200-day moving average ».
Exchange-traded funds (ETFs) operate similarly to stocks, but when investors buy, they acquire “units” instead of “shares.” These units can be traded like stocks and can also be created or destroyed based on demand. Each week, we monitor changes in shares outstanding to identify ETFs that are experiencing significant inflows (new units created) or outflows (existing units removed). When new units are created, the underlying records need to be acquired, while removing units entails selling off these holdings. Therefore, notable inflows or outflows can impact the individual stocks within these ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additional Resources:
- Funds Holding MTGE
- SHYG Historical Stock Prices
- Institutional Holders of CCSI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
