In a recent analysis of the week-over-week changes among various ETFs, the iShares Russell Mid-Cap ETF (Symbol: IWR) emerged as a noteworthy performer. The fund has experienced an inflow of approximately $378.4 million, marking a 1.0% increase in outstanding units, rising from 431,300,000 to 435,400,000. Today’s market activities show mixed performance among IWR’s largest holdings: Applovin Corp (Symbol: APP) is down about 2.5%, while Williams Cos Inc (Symbol: WMB) has increased by approximately 0.9%. Meanwhile, MicroStrategy Inc. (Symbol: MSTR) declined by around 0.7%. For a complete list of IWR’s holdings, check the IWR Holdings page »
The chart below illustrates IWR’s one-year price performance in relation to its 200-day moving average:
Analyzing the chart, IWR has a low point of $71.25 per share within its 52-week range, while it peaked at $93.845. The latest trade price stands at $92.82, indicating IWR is approaching its high. Comparing this share price to the 200-day moving average offers additional insight for potential investors—learn more about the 200-day moving average ».
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Exchange-traded funds (ETFs) function similarly to stocks in that investors trade “units” instead of “shares.” These units can be bought and sold like stocks, but they can also be created or destroyed based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs experiencing significant inflows, which indicate the creation of new units, or outflows, where older units are retired. This activity can heavily influence the underlying assets held by the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- SLS shares outstanding history
- SHUA YTD Return
- Funds Holding FBY
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
