Wanting right this moment at week-over-week shares excellent modifications among the many universe of ETFs lined at ETF Channel, one standout is the Vanguard Tax-Exempt Bond ETF (Image: VTEB) the place now we have detected an approximate $338.2 million greenback influx — that is a 1.1% improve week over week in excellent items (from 638,991,284 to 645,741,219).
The chart beneath exhibits the one yr worth efficiency of VTEB, versus its 200 day shifting common:
Wanting on the chart above, VTEB’s low level in its 52 week vary is $47.14 per share, with $51.15 because the 52 week excessive level — that compares with a final commerce of $50.30. Evaluating the newest share worth to the 200 day shifting common will also be a helpful technical evaluation method — learn more about the 200 day moving average ».
Alternate traded funds (ETFs) commerce similar to shares, however as a substitute of ”shares” buyers are literally shopping for and promoting ”items”. These ”items” may be traded backwards and forwards similar 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 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 must be bought, whereas destruction of items entails promoting underlying holdings, so massive flows can even influence the person elements held inside ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Additionally see:
Mega Mergers
Institutional Holders of CEG
Pool shares outstanding history
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
