In today’s review of week-over-week changes in shares outstanding among ETFs, the iShares Core S&P 500 ETF (Symbol: IVV) stands out. This ETF has seen an approximate outflow of $6.5 billion, representing a decrease of 1.1% from 1,005,400,000 shares to 994,350,000 shares. Significant underlying components within IVV have shown varied performance today: Tesla Inc (Symbol: TSLA) rose about 1.2%, Costco Wholesale Corp (Symbol: COST) increased by approximately 0.2%, while Procter & Gamble Company (Symbol: PG) declined by around 0.9%. For a complete overview of holdings, visit the IVV Holdings page.

The chart below illustrates IVV’s one-year price performance relative to its 200-day moving average:

Examining the chart, IVV recorded a low of $484 per share and a high of $616.22 over the past year. The latest trade price stands at $590.43. Analyzing the share price against the 200-day moving average can provide insight into market trends.

Exchange-traded funds (ETFs) operate similarly to stocks; however, investors are buying and selling “units.” These units can be traded in the market, created, or destroyed to meet investor demand. We track weekly changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (units destroyed). The creation of new units requires purchasing the underlying assets of the ETF, while unit destruction necessitates selling those holdings. Consequently, substantial flows may influence the individual components held within ETFs.

Click here to find out which 9 other ETFs experienced notable outflows.

Also see:

• DRIP Dividend History
• LOGC Shares Outstanding History
• OB Historical Earnings

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