Notable ETF Inflow Detected – IWM, MSTR, SSD, CYTK
From Nasdaq, Inc.:
The iShares Russell 2000 ETF (Symbol: IWM) experienced an approximate $331.4 million dollar inflow, a 0.5% increase, with 333,900,000 to 335,600,000 outstanding units. IWM’s largest components, MicroStrategy Inc. (MSTR) is down 2%, Simpson Manufacturing Co., Inc. (SSD) is up 0.1%, and Cytokinetics Inc (CYTK) lowers by 3%.
IWM’s 52-week low is $161.67 per share, and high at $205.49 with a last trade price of $194.19. Investors can learn more about the 200-day moving average and compare it to the most recent share price to guide technical analysis.
Exchange traded funds (ETFs) shares act like stocks, but instead of ”shares” investors buy ”units” which can be traded, created, or destroyed. Monitoring changes in shares outstanding reveals ETFs with noteworthy inflows or outflows, impacting their underlying holdings.
Click here to find out which other ETFs had notable inflows.
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