The iShares Russell Top 200 Value ETF (IWX) has reported a significant outflow of approximately $131.3 million, translating to a 3.2% decrease in shares outstanding from 37.3 million to 36.1 million week-over-week.
As of the latest trading session, IWX’s share price is at $109.44, with a 52-week range from $82.78 to $110.12. Key underlying components included CVS Health Corporation (CVS), down 0.1%; Chubb Ltd (CB), up 0.3%; and American Express Co. (AXP), down 0.1%.
The movements in the ETF’s shares can impact the individual underlying components due to creation or destruction of units responding to investor demand.
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