Market Movement Overview and Key Holdings
In a recent analysis of ETF activity, the iShares Core S&P Small-Cap ETF (Symbol: IJR) experienced a significant week-over-week outflow of approximately $155.4 million. This marks a 0.2% decrease in shares outstanding, dropping from 760,150,000 to 758,800,000. Notable movements among IJR’s largest holdings on the trading day include Glaukos Corp (Symbol: GKOS), down about 0.3%, and Alaska Air Group, Inc. (Symbol: ALK), which gained about 0.6%. Bath & Body Works Inc (Symbol: BBWI) similarly rose by around 0.6%. For more details, visit the IJR Holdings page.
IJR’s Yearly Performance and Key Metrics
The chart below illustrates the one-year price performance of the iShares Core S&P Small-Cap ETF alongside its 200-day moving average:
IJR reached a low of $101.50 within the past year, with a high of $128.61. Its latest trade price stands at $117.43. Comparing the current share price to the 200-day moving average is a common technical analysis method; you can learn more about this strategy by exploring the 200-day moving average.
Understanding ETF Trading Dynamics
Exchange traded funds (ETFs) function similarly to stocks; however, investors buy and sell “units” instead of traditional shares. These units can be traded like stocks but are also created or destroyed to meet investor demand. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows (meaning more units were created) or outflows (indicating that units were destroyed). When new units are created, underlying assets must be purchased, while destroying units involves selling these assets. Therefore, substantial inflows or outflows can affect the ETFs’ individual components.
Click here to find out which 9 other ETFs experienced notable outflows »
Also see:
- Dividend Aristocrats List
- Top Ten Hedge Funds Holding SPXN
- Top Ten Hedge Funds Holding EVSM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
