From Nasdaq: 2024-05-24 10:47:07

The iShares MSCI USA Momentum Factor ETF (MTUM) experienced a $47.2 million outflow, a 0.5% decrease in shares outstanding to 54,050,000. Top components like Broadcom Inc (AVGO) and Advanced Micro Devices Inc (AMD) saw positive gains, while Salesforce Inc (CRM) dipped. Check the complete list of holdings on MTUM Holdings page.

MTUM’s one-year price performance compared to its 200-day moving average shows a range from $134.915 to $191.49, with the latest trade at $190.06. Understanding share price in relation to the 200-day moving average can provide valuable technical analysis insights.

Exchange traded funds (ETFs) trade like stocks, with units bought and sold by investors. Monitoring changes in shares outstanding data reveals inflows (new units created) and outflows (old units destroyed), impacting underlying holdings. Notable flows can influence individual components within ETFs, creating opportunities for investors to analyze trends.



Read more at Nasdaq: MTUM, AVGO, AMD, CRM: Large Outflows Detected at ETF