The iShares U.S. Financials ETF (IYF) experienced a significant outflow of approximately $124.8 million, marking a 3% decrease in shares outstanding from 32,950,000 to 31,950,000 in the past week. This change occurred amid trading fluctuations of key components, including The Charles Schwab Corporation (SCHW) down 0.6%, Standard and Poors Global Inc (SPGI) down 0.1%, and Progressive Corp (PGR) also down 0.1%.
IYF’s current share price stands at $124.76, with a 52-week low of $95.34 and a high of $133.54. This data reflects ongoing adjustments in the ETF’s underlying holdings due to the created or destroyed units, which can influence individual stock performance.
