The iShares Expanded Tech-Software Sector ETF (IGV) experienced a $338.6 million outflow, a 2.8% decrease in shares outstanding. Key components include Adobe Inc up 0.3%, Synopsys Inc up 8%, and MicroStrategy Inc down 0.5%. IGV’s 52-week range is $75.96 to $114.83, with the last trade at $113.78.

ETFs, like stocks, are traded in units that can be bought, sold, created, or destroyed based on investor demand. Monitoring week-over-week changes in shares outstanding can indicate significant inflows or outflows affecting the ETF’s underlying holdings. Check out which other 9 ETFs experienced notable outflows recently.

Read more at Nasdaq: IGV, ADBE, SNPS, MSTR: Large Outflows Detected at ETF