Significant Week-over-Week Changes in ETF Holdings
Today, we analyze changes in shares outstanding for ETFs tracked by ETF Channel. A notable highlight is the iShares 0-5 Year TIPS Bond ETF (Symbol: STIP), which has seen inflows of approximately $558.8 million. This represents a 6.9% rise in outstanding units, increasing from 80,500,000 to 86,050,000.
The chart below illustrates STIP’s price performance over the past year compared to its 200-day moving average:
According to the chart, STIP’s lowest price in its 52-week range was $96.8401 per share, while its peak reached $101.52. The last recorded trade stands at $100.67. Comparing the latest share price to the 200-day moving average can provide critical insights for investors. Learn more about the 200-day moving average.
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Exchange-traded funds (ETFs) operate similarly to stocks, except that investors buy and sell “units” rather than “shares.” These units can be traded like stocks and can also be created or destroyed based on investor interest. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units necessitates the purchase of the ETF’s underlying assets, while the destruction of units requires selling them. Therefore, substantial inflows or outflows can affect the individual components within these ETFs.
Click here to discover which 9 other ETFs experienced notable inflows.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
