Looking at the latest data from ETFs, the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) stands out due to a major inflow. Approximately $262.4 million has flowed into the fund, marking a week-over-week increase of 1.9% in units outstanding, which rose from 151,700,000 to 154,600,000.
The chart below illustrates the one-year price performance of EMB against its 200-day moving average:
According to the chart, EMB has a low of $86.40 and a high of $93.97 over the past year. The most recent share price is $90.77. Analyzing the latest price in relation to the 200-day moving average can provide valuable insights for investors.
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Exchange-traded funds (ETFs) operate similarly to stocks; however, instead of trading shares, investors buy and sell units. These units can be adjusted based on investor demand—being created or destroyed as necessary. Each week, we analyze changes in shares outstanding to identify ETFs with significant inflows, indicating a creation of new units, or outflows, when units are removed. Major flows can also influence the underlying assets held within these ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additional Resources:
- Market News Video
- SYF Shares Outstanding History
- AGFY Videos
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.