SUBSTANTIAL INFLOW REVEALED IN SCHX ETF AS MARKET CONTINUES TO EVOLVE

Week-Over-Week Changes Show a $243.7 Million Inflow

Looking closely at the changes in shares outstanding for ETFs, the SCHX ETF (Symbol: SCHX) stands out with an impressive inflow of approximately $243.7 million. This marks a week-over-week increase of 0.5% in the number of outstanding units, rising from 2,199,250,000 to 2,209,550,000.

Current Performance and Historical Context of SCHX

The chart above illustrates the price performance of SCHX over the past year, along with its 200-day moving average. Within the last 52 weeks, the ETF reached a low of $17.6433 per share and a high of $23.7699. As of the latest trade, SCHX is priced at $23.61. Analyzing the latest share price against the 200-day moving average can provide valuable insights into market trends.

Understanding ETF Trading Dynamics

Exchange-traded funds (ETFs) function similarly to stocks, with investors trading “units” rather than shares. These units can be exchanged much like stocks, but they can also be created or eliminated based on investor demand. Our weekly monitoring of outstanding shares data helps identify ETFs with significant inflows (new units created) or outflows (existing units removed). Notably, creating new units entails purchasing the underlying securities of the ETF, while removing units involves selling them. As a result, large inflows or outflows can influence the individual assets within these ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Also see:

• GM RSI
• BFO YTD Return
• TEDU shares outstanding history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.