Trying as we speak at week-over-week shares excellent modifications among the many universe of ETFs coated at ETF Channel, one standout is the Invesco Dorsey Wright Know-how Momentum ETF (Image: PTF) the place we’ve got detected an approximate $193.0 million greenback influx — that is a 33.2% improve week over week in excellent items (from 7,730,000 to 10,300,000). Among the many largest underlying elements of PTF, in buying and selling as we speak Utilized Optoelectronics Inc (Image: AAOI) is up about 4%, Truthful Isaac Corp (Image: FICO) is down about 0.2%, and Nutanix Inc (Image: NTNX) is up by about 1.1%. For a complete list of holdings, visit the PTF Holdings page »
The chart under reveals the one 12 months worth efficiency of PTF, versus its 200 day transferring common:
Trying on the chart above, PTF’s low level in its 52 week vary is $47.06 per share, with $80.92 because the 52 week excessive level — that compares with a final commerce of $75.40. Evaluating the newest share worth to the 200 day transferring common can be a helpful technical evaluation approach — learn more about the 200 day moving average ».
Change traded funds (ETFs) commerce similar to shares, however as an alternative of ”shares” buyers are literally shopping for and promoting ”items”. These ”items” might be traded forwards and backwards similar to shares, however can be created or destroyed to accommodate investor demand. Every week we monitor the week-over-week change in shares excellent information, to maintain a lookout for these ETFs experiencing notable inflows (many new items created) or outflows (many elderly items destroyed). Creation of latest items will imply the underlying holdings of the ETF have to be bought, whereas destruction of items entails promoting underlying holdings, so massive flows also can affect the person elements held inside ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additionally see:
AIZ Technical Analysis
WFM Split History
IFON shares outstanding history
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
