Significant Inflows Boost AVUV ETF: What Investors Need to Know
Today, we take a closer look at the recent changes in shares outstanding for exchange-traded funds (ETFs). One ETF that stands out is the AVUV ETF (Symbol: AVUV), which has experienced a notable inflow of approximately $253.9 million. This represents a 1.6% increase in outstanding units, rising from 152,640,000 to 155,100,000.
The chart above illustrates AVUV’s price performance over the past year in comparison to its 200-day moving average. The ETF recorded a low of $82.5401 per share and reached a high of $107.64 during this period, while its latest trade was at $104.05. Investors often use comparisons between current share prices and the 200-day moving average as a technical analysis method to gauge market trends.
Exchange-traded funds, or ETFs, function similarly to stocks. However, when investors trade ETFs, they buy and sell “units,” which can be created or destroyed based on market demand. Each week, we track changes in outstanding shares to identify ETFs that are experiencing significant inflows or outflows. Creating new units requires purchasing underlying holdings, while reducing units involves selling those holdings. Therefore, substantial inflows or outflows can impact the individual assets held within the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- Monthly Dividend Paying Stocks
- Top Ten Hedge Funds Holding TRTY
- PMNT Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
