Highlights of the Week
Examining changes in shares outstanding across ETFs featured on ETF Channel, one fund that stands out is the iShares MSCI USA Value Factor ETF (VLUE). This week, it recorded an outflow of approximately $54.2 million, marking a 0.8% decrease (from 65,750,000 to 65,250,000 shares).
Key components of VLUE experienced diverse performance today – Intel Corp (INTC) witnessed a 3.6% increase, while General Motors Co (GM) saw a decline of 2.8%, and Ford Motor Co (F) dropped by about 1%.
The chart below illustrates VLUE’s one-year price performance compared to its 200-day moving average:
Within the past 52 weeks, VLUE’s stock price hit a low of $85.71 per share and peaked at $110.30. The latest trading value stands at $108.77. Comparing the current share price against the 200-day moving average can offer valuable insights to technical analysts.
Exchange-traded funds (ETFs) operate akin to stocks. Investors trade ‘units’ instead of traditional shares, allowing for flexible buying and selling. Weekly monitoring of shares outstanding changes in ETFs is crucial to identify significant inflows and outflows, impacting both fund composition and individual holdings.
Explore nine other ETFs with notable outflows here »
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