iShares MSCI EAFE Small-Cap ETF Sees Notable Outflow This Week
Examining recent changes in shares outstanding among Exchange-Traded Funds (ETFs), the iShares MSCI EAFE Small-Cap ETF (Symbol: SCZ) has notably experienced a significant outflow of approximately $172.9 million. This figure represents a 1.8% week-over-week decline, dropping shares outstanding from 143,000,000 to 140,400,000.
Notable Component Performance
Within SCZ’s portfolio, several key components are seeing upward movement today. Cellebrite DI Ltd (Symbol: CLBT) is up about 1.1%, ODDITY Tech Ltd (Symbol: ODD) has increased by around 2.9%, and InMode Ltd (Symbol: INMD) is higher by about 1%. For a full list of holdings, refer to the SCZ Holdings page.
Price Performance Analysis
The chart below illustrates the one-year price performance of SCZ, including its 200-day moving average:
Currently, SCZ’s 52-week low is $56.64 per share, while the high stands at $68.325. The most recent trading price is $66.69. Evaluating this price against the 200-day moving average is a common technical analysis method.
Understanding ETF Share Dynamics
Exchange-traded funds (ETFs) function similarly to stocks, allowing investors to trade “units.” Unlike traditional shares, investors are buying and selling these units, which can be adjusted to meet market demand. Each week, we track changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (old units liquidated). When new units are created, the ETF must acquire the underlying assets, while the liquidation process means selling existing holdings.
Click here to discover which nine other ETFs have experienced notable outflows.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
