The iShares Russell Mid-Cap Value ETF (IWS) experienced a significant outflow of approximately $81.5 million, marking a 0.5% decrease in shares outstanding this week, from 100,500,000 to 99,950,000. This change was recorded as of today.
Key components of IWS include Bank of New York Mellon Corp (BK), which remained flat, Cummins Inc. (CMI), which rose by 1.1%, and Corning Inc. (GLW), which surged by 14.6%. The ETF’s share price recently traded at $148.25, within its 52-week range of $108.85 to $150.03.
Monitoring weekly changes in shares outstanding provides insight into investor demand for ETFs, influencing the buying or selling of underlying holdings.
