Significant Inflows Boost iShares MSCI USA Momentum Factor ETF

In the latest analysis of week-over-week changes in outstanding shares among ETFs, the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) stands out with a notable inflow of approximately $491.9 million. This marks a 3.6% increase in outstanding units, rising from 70,050,000 to 72,550,000. Among the ETF’s key components, today’s trading shows NVIDIA Corp (Symbol: NVDA) up about 5.5%, Visa Inc (Symbol: V) down approximately 0.2%, and Netflix Inc (Symbol: NFLX) rising by about 2.4%. For a complete list of holdings, visit the MTUM Holdings page »

The chart below illustrates MTUM’s price performance over the past year, compared to its 200-day moving average:

Examining the chart, MTUM has seen a 52-week low of $168.49 per share and a high of $229.77, with the latest trade recorded at $199.67. Analyzing the most recent share price against the 200-day moving average can provide valuable insights into market trends—learn more about the 200-day moving average ».

Exchange Traded Funds (ETFs) function similarly to stocks, with investors buying and selling “units” rather than traditional shares. These units are traded just like stocks and can also be created or destroyed to adjust to investor demand. Each week, we monitor the week-over-week changes in outstanding shares to identify ETFs that are experiencing significant inflows (many new units created) or outflows (many old units destroyed). The creation of new units necessitates purchasing the underlying holdings of the ETF, while the destruction involves selling those holdings. Therefore, large inflows or outflows can significantly impact the individual components held within ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Also see:

• Funds Holding BDJ
• Institutional Holders of IDSY
• ARGU YTD Return

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