The iShares Russell 1000 Value ETF (IWD) experienced a significant outflow of approximately $1.4 billion, marking a 2.0% decrease in shares outstanding from 332 million to 325.4 million. This decline in assets occurred within the last week, highlighting shifts in investor sentiment.
Key underlying components of IWD include Bank of America (BAC), which fell by 4.8%, Procter & Gamble (PG), which gained 1.6%, and Chevron (CVX), which rose by 1.8%. The ETF’s share price is currently trading at $217.71, down from a 52-week high of $218.505, while the low point for the year stands at $163.19.
This week-over-week analysis of ETF shares aims to identify notable inflows and outflows that could impact the individual stocks held within the fund.
