Week-over-week Changes in ETFs Lead to Significant $336.7 Million Inflow
Looking at the latest data from ETF Channel, the iShares Core S&P Mid-Cap ETF (Symbol: IJH) has experienced significant activity this week with an inflow of approximately $336.7 million. This marks a 0.3% increase in outstanding units, going from 1,501,400,000 to 1,506,450,000. Notably, among the ETF’s major holdings, EMCOR Group, Inc. (Symbol: EME) dropped about 6.5%, while Williams Sonoma Inc. (Symbol: WSM) and Illumina Inc. (Symbol: ILMN) saw increases of about 2.1% and 5.5%, respectively. To view the complete list of holdings, visit the IJH Holdings page »
The chart above provides a visual comparison of the one-year price performance of IJH against its 200-day moving average. The ETF’s 52-week low stands at $52.54 per share, with a high reaching $68.33. The last recorded trade was $66.89, positioning it well within its trading range. Analyzing the share price relative to the 200-day moving average can offer valuable insights into market trends — learn more about the 200-day moving average ».
Exchange-Traded Funds (ETFs) function similarly to stocks, but investors trade in “units” instead of shares. These units can be swapped on the market or adjusted based on investor demand—new units can be created, or old ones can be destroyed. We track changes in the number of outstanding shares weekly to identify ETFs experiencing significant inflows (new units being created) or outflows (units being destroyed). Increased unit creation necessitates purchasing the underlying assets of the ETF, while unit destruction usually requires selling off some holdings. Thus, large inflows or outflows can lead to changes in the individual stocks that comprise the ETF.
Click here to find out which 9 other ETFs had notable inflows »
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
