ETF Experiences $542 Million Inflow; Key Holdings Show Mixed Performance
In this week’s update from ETF Channel, the iShares Russell 2000 ETF (Symbol: IWM) stands out with a notable inflow of approximately $542 million. This marks a 0.7% increase in outstanding units, climbing from 329,050,000 to 331,400,000. Three of the largest holdings within the ETF displayed varied movements: FTAI Aviation Ltd (Symbol: FTAI) decreased by about 1.9%, Sprouts Farmers Market Inc (Symbol: SFM) fell 1.4%, and Vaxcyte Inc (Symbol: PCVX) dropped 0.8%. For a complete list of holdings, visit the IWM Holdings page »
The chart below illustrates the price performance of IWM over the past year, alongside its 200-day moving average:
Examining the previous price data, the 52-week range for IWM shows a low of $176.91 per share and a high of $242.39, with the most recent trading price at $229.16. Analyzing the latest share price relative to the 200-day moving average can offer insights for investors—learn more about the 200-day moving average ».
Exchange-traded funds (ETFs), like IWM, function similarly to stocks. However, investors are actually trading ”units” instead of ”shares”. These ”units” can be bought and sold like stocks, but they can also be created or eliminated to meet investor demand. Every week, we track changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (existing units removed). When new units are created, the ETF must buy the underlying holdings, while outflows require selling those holdings. Consequently, substantial flows can influence the individual components held within the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- BBVA Dividend History
- GBR Insider Buying
- TUC Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
