Trying immediately at week-over-week shares excellent modifications among the many universe of ETFs lined at ETF Channel, one standout is the iShares MSCI South Korea ETF (Image: EWY) the place now we have detected an approximate $91.8 million greenback outflow — that is a 2.2% lower week over week (from 74,200,000 to 72,600,000).
The chart under reveals the one yr worth efficiency of EWY, versus its 200 day transferring common:
Trying on the chart above, EWY’s low level in its 52 week vary is $55.685 per share, with $69.515 because the 52 week excessive level — that compares with a final commerce of $57.84. Evaluating the newest share worth to the 200 day transferring common will also be a helpful technical evaluation method — learn more about the 200 day moving average ».
Change traded funds (ETFs) commerce identical to shares, however as a substitute of ”shares” traders are literally shopping for and promoting ”items”. These ”items” could be traded forwards and backwards identical to shares, however will also be created or destroyed to accommodate investor demand. Every week we monitor the week-over-week change in shares excellent knowledge, to maintain a lookout for these ETFs experiencing notable inflows (many new items created) or outflows (many aged items destroyed). Creation of latest items will imply the underlying holdings of the ETF have to be bought, whereas destruction of items includes promoting underlying holdings, so giant flows also can affect the person parts held inside ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
Additionally see:
DWM market cap history
Top Ten Hedge Funds Holding SYRS
PMNA Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
