Looking at the recent trading activity among ETFs tracked by ETF Channel, the iShares National Muni Bond ETF (Symbol: MUB) stands out with an inflow of approximately $225.6 million. This reflects a 0.6% week-over-week increase in its outstanding units, which rose from 371,900,000 to 374,000,000.
The chart below illustrates MUB’s one-year price performance compared to its 200-day moving average:
MUB has viewed a low of $104.80 and a high of $108.82 within the past year, with its most recent share traded at $107.39. Analyzing the latest price against the 200-day moving average offers valuable insights and can help guide investment decisions.
Exchange-traded funds (ETFs) trade similarly to stocks. When investors buy and sell these securities, they are actually dealing with “units” instead of “shares.” These units can be created or eliminated based on investor interest. Each week, we observe changes in the outstanding shares data to identify ETFs that experience significant inflows (indicating many new units created) or outflows (signifying many units eliminated). When new units are created, the underlying assets of the ETF must be purchased, while the destruction of units leads to selling assets. Such fluctuations can also affect the individual investments held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additional Resources:
- Dividend Channel
- Vistra Technical Analysis
- SLGG shares outstanding history
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
