FJUL ETF Sees Strong Week with $130.9 Million Inflow

Major Increase in Outstanding Units Signals Investor Confidence

Recent data from ETF Channel reveals a significant movement in the FJUL ETF (Symbol: FJUL) with an inflow of approximately $130.9 million. This represents a 14.2% week-over-week increase in outstanding units, climbing from 19,050,002 to 21,750,002.

The chart below illustrates FJUL’s price performance over the past year, measured against its 200-day moving average:

Over the past 52 weeks, FJUL has seen a low of $37.25 per share and a high of $48.54. The most recent trade price stands at $48.50, putting it just below its yearly high. Comparing the latest share price with the 200-day moving average can provide additional insight for technical analysis enthusiasts.

Exchange-traded funds (ETFs) operate similarly to stocks but involve trading “units” instead of “shares.” These units can be created or destroyed based on investor demand. Weekly tracking of changes in shares outstanding helps identify ETFs experiencing unusual inflows (new units created) or outflows (units removed). Notably, creating new units means purchasing the underlying assets of the ETF, whereas destroying units involves selling them, potentially affecting the individual components held within these funds.

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

Also see:

• AON Average Annual Return
• Funds Holding DLBL
• TGP YTD Return

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