Notable ETF Inflow Detected – PBUS, AAPL, MSFT, AMZN
From Nasdaq.:
Invesco MSCI USA ETF (PBUS) experienced a $138.7 million inflow, a 3.7% increase in outstanding units from 79,000,000 to 81,900,000. Apple Inc (AAPL) and Microsoft Corporation (MSFT) traded flat, while Amazon.com Inc (AMZN) is up 0.3%. For a comprehensive list of holdings, visit the PBUS Holdings page.
PBUS’s low point in its 52-week range is $37.68, with $47.91 as the high point, compared to its last trade of $47.83. Comparing the most recent share price to the 200-day moving average can be a useful technical analysis technique.
Exchange traded funds (ETFs) trade as “units.” Each week, the week-over-week change in shares outstanding data is monitored to identify ETFs experiencing notable inflows or outflows. Creation of new units will impact the underlying holdings, requiring the purchase of new units, while destruction of units involves selling underlying holdings.
Nine other ETFs experienced notable inflows.
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