JPMorgan Income ETF Posts Significant Week-Over-Week Inflow: A Closer Look

Recent analysis of exchange-traded funds (ETFs) has revealed noteworthy changes in shares outstanding, with the JPMorgan Income ETF (Symbol: JPIE) leading the way. This ETF has experienced an impressive inflow of approximately $130.0 million, marking a 4.6% increase in outstanding units. The total units climbed from 61,560,000 to 64,380,000 over the past week.

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

Within its 52-week range, JPIE has recorded a low of $44.80 per share and a high of $46.43. Its most recent trade settled at $46.09. Comparing the current share price to the 200-day moving average provides valuable insight for technical analysis.

ETFs function similarly to stocks, with investors buying and selling ‘units’ instead of ‘shares.’ This allows for trading flexibility, as units can be created or destroyed based on supply and demand. Weekly monitoring of changes in shares outstanding helps identify ETFs with significant inflows, signaling an increase in created units, or outflows, indicating a decrease in active units. Notably, creation of new units necessitates the purchase of the ETF’s underlying assets, while unit destruction involves selling those holdings.

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

also see:

• Institutional Holders of AGO
• Top Ten Hedge Funds Holding BSDM
• Top Ten Hedge Funds Holding ACCR

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