The iShares MSCI ACWI ETF (ACWI) saw a $235.7 million dollar inflow, a 0.8% increase week over week in outstanding units. Top components like Amazon.com Inc (AMZN) and Alphabet Inc (GOOGL) also saw increases. The one year price performance of ACWI is compared to its 200 day moving average, with a low of $101.25 and high of $148.41.
ETFs like ACWI trade like stocks, with investors buying and selling “units”. Weekly monitoring of shares outstanding data helps track notable inflows and outflows. Creation of new units involves purchasing underlying holdings, while destruction of units involves selling them. Find out which other ETFs had notable inflows and outflows.
Read more at Nasdaq: ACWI, AMZN, GOOGL, AVGO: ETF Inflow Alert
