CALF ETF Sees Significant Weekly Outflows: A Closer Look
In the world of Exchange Traded Funds (ETFs), the CALF ETF (Symbol: CALF) has captured attention this week due to notable changes in its shares outstanding. Approximately $141.7 million has left the fund, resulting in a 1.7% decline in shares from 186,250,000 to 183,050,000.
The chart below illustrates CALF’s one-year price performance compared to its 200-day moving average:
Analyzing the chart, CALF has seen a 52-week low of $42.19 per share and a high of $49.59, with the most recent trade reported at $44.91. For investors, comparing the latest share price to the 200-day moving average can provide valuable insights into market trends.
Free Report: Top 8%+ Dividends (paid monthly)
ETFs operate similarly to stocks. However, instead of buying “shares,” investors acquire “units.” These units can be traded like stocks but can also be created or destroyed based on investor interest. Weekly monitoring of shares outstanding helps identify ETFs with significant inflows (new units) or outflows (old units). When new units are created, the ETF must purchase its underlying holdings. Conversely, destroying units involves selling those holdings, which can also influence the individual components within the ETF.
Click here to find out which 9 other ETFs experienced notable outflows »
Related Information:
- MEAD Split History
- Institutional Holders of RMI
- FULT Past Earnings
The views and opinions expressed herein are those of the author and do not necessarily reflect the positions of Nasdaq, Inc.
