Schwab International Equity ETF Sees $142.7 Million Inflow This Week

Examining week-over-week changes in shares outstanding among ETFs, the Schwab International Equity ETF (Symbol: SCHF) stands out with significant activity. The ETF experienced an inflow of roughly $142.7 million, translating to a 0.3% increase in outstanding units—from 2,175,800,000 to 2,182,800,000 units.

The chart below illustrates SCHF’s one-year price performance in relation to its 200-day moving average:

In the past year, SCHF’s price has fluctuated between a low of $17.56 per share and a high of $20.815. As of the last trade, the share price stands at $20.46. Comparing the current share price with the 200-day moving average is a useful technique for technical analysis.

Exchange-traded funds (ETFs) operate similarly to stocks, but investors trade “units” instead of shares. These units can be exchanged like stocks and can also be created or destroyed based on investor demand. Each week, we monitor changes in shares outstanding to identify ETFs that have experienced significant inflows or outflows. The creation of new units indicates a need to purchase the underlying assets, while the destruction of units implies selling those assets, which can influence the individual components within ETFs.

Click here to discover which 9 other ETFs saw notable inflows.

Additional Resources:

• Large Caps By Top Market Capitalization
• IPHA Videos
• Top Ten Hedge Funds Holding BR

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