iShares S&P 500 Growth ETF Experiences Big Inflow
From Nasdaq: 2024-04-10 11:29:06
The iShares S&P 500 Growth ETF (IVW) saw a $206.4 million inflow, a 0.5% increase in outstanding units week-over-week. Microsoft (MSFT) dropped 1.3%, Apple (AAPL) dropped 1%, while NVIDIA (NVDA) rose 1.3%. IVW’s 52-week range is $63.10 to $85.56, with a last trade of $83.68.
ETFs trade like stocks, with investors buying and selling “units.” Creating or destroying units happens based on investor demand. Weekly monitoring of shares outstanding data helps track notable inflows and outflows, affecting the ETF’s underlying holdings.
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