The iShares Russell 2000 ETF (IWM) experienced a significant outflow this week, with approximately $2.8 billion withdrawn, marking a 3.6% decrease in shares outstanding from 289.9 million to 279.4 million. This data highlights ongoing investor sentiment and market dynamics affecting smaller companies represented in the ETF.
Key components underperforming today include Bloom Energy Corp (BE), down 8.4%; Fabrinet (FN), down 7.6%; and Credo Technology Group Holding Ltd (CRDO), down 7.1%. The current share price of IWM is $263.02, positioned between its 52-week low of $171.73 and high of $271.595.
This decline reflects a broader trend in ETF trading, with impacts seen across underlying holdings as units are created or destroyed in response to demand.
