iShares Russell 1000 ETF Experiences Big Outflow
From Nasdaq:
The iShares Russell 1000 ETF (Symbol: IWB) experienced an approximate $169.4 million dollar outflow, a 0.5% decrease week over week, with Tesla Inc, Broadcom Inc, and JPMorgan Chase & Co among the largest underlying components of IWB. The one year price performance of IWB was detailed, and its 52 week range was noted at $208.49 per share to $263.59 per share.
Investing in ETFs is effectively purchasing and selling “units.” Weekly monitoring of the week-over-week change in shares outstanding keeps a lookout for influences on the individual components held within ETFs. Notable inflows or outflows are worth noting as they affect the underlying holdings.
Click to find out which 9 other ETFs experienced notable outflows.
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