The iShares MSCI EAFE ETF (Symbol: EFA) has seen an inflow of approximately $230.5 million, representing a 0.3% week-over-week increase in outstanding units, rising from 732 million to 734.4 million as of today. In related market activity, key components of EFA included a 1% decline in Spotify Technology SA (SPOT), a 2.7% increase in Sea Ltd (SE), and a 1.9% drop in Teva Pharmaceutical Industries Ltd (TEVA).
Over the past year, EFA has traded within a range of $72.145 (low) to $97.415 (high), with the latest share price at $96.73.
ETFs trade like stocks, with “units” being created or destroyed based on investor demand. Monitoring changes in shares outstanding helps identify ETFs with notable inflows or outflows, influencing the underlying components of the fund.
