Significant ETF Withdrawals: IDEV, WIX, FUTU, GLBE

Published On: April 17, 2025 1:18 pm

iShares Core MSCI International Developed Markets ETF Sees Notable Outflow

Today, analysis from ETF Channel reveals significant week-over-week changes in shares outstanding for various ETFs. A prominent example is the iShares Core MSCI International Developed Markets ETF (Symbol: IDEV), which has experienced approximately $265.0 million in outflows. This represents a 1.5% decrease from 267,750,000 to 263,850,000 shares.

Among IDEV’s major holdings, Wix.com Ltd. (Symbol: WIX) has dropped about 1.6% today. Additionally, Futu Holdings Limited – American Depositary Shares (Symbol: FUTU) is down 0.4%, while Global-E Online Ltd (Symbol: GLBE) has seen a decline of about 0.7%. For a thorough overview of IDEV’s current holdings, visit the IDEV Holdings page.

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

iShares Core MSCI International Developed Markets ETF 200 Day Moving Average Chart

Reviewing the chart, IDEV’s lowest point within its 52-week range stands at $61.11 per share, while the highest is $71.56. The most recent trade price is $68.67. Comparing this latest share price to the 200-day moving average can provide valuable insights for technical analysis. For more details on this technique, visit the 200-day moving average page.

Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” instead of “shares.” These units are traded back and forth like stocks but can also be created or destroyed according to investor demand. Each week, we monitor the changes in shares outstanding to identify ETFs showing significant inflows (creation of new units) or outflows (destruction of existing units). Creating new units entails acquiring the underlying holdings of the ETF, whereas the destruction of units involves selling these holdings, which can influence the performance of the individual components within ETFs.

Click here to explore which 9 other ETFs encountered notable outflows.