Highlights from Recent ETF Performance
Looking at recent updates on shares outstanding for ETFs, the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) stands out. This ETF experienced an inflow of approximately $277.4 million, translating to a 1.8% increase in outstanding units from 162,400,000 to 165,400,000.
The chart above illustrates EMB’s price performance over the past year alongside its 200-day moving average. Throughout the past 52 weeks, EMB’s lowest price was $86.38 per share, while the highest reached $93.97. Currently, the share is trading at $92.27. Comparing the latest share price to the 200-day moving average can provide valuable insights for technical analysis.
Free Report: Top 8%+ Dividends (paid monthly)
Exchange-traded funds (ETFs) function similarly to stocks. However, instead of “shares,” investors buy and sell “units.” These units can be traded just like stocks, but they can also be created or destroyed based on investor demand. Each week, we assess the changes in outstanding shares to identify ETFs with significant inflows (indicating many new units created) or outflows (indicating many units sold). When new units are created, the ETF must acquire additional underlying holdings, while unit destruction involves selling off holdings, which can influence the individual assets within the ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additionally:
– Cheap Blue Chip Stocks
– UPTD Insider Buying
– Top Ten Hedge Funds Holding FFWM
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
