Notable ETF Outflow Detected – ARKK, ROKU, COIN, SQ

From Nasdaq: 2024-05-16 10:49:30

The ARK Innovation ETF (Symbol: ARKK) saw a $68.7 million dollar outflow, a 1.0% decrease in shares outstanding from 148 million to 146.5 million. Key components like Roku Inc (ROKU) and Coinbase Global Inc (COIN) experienced changes in value, indicating market fluctuations. Check ARKK’s performance against its 200-day moving average for insights.

ETFs trade as units like stocks, accommodating investor demand. Weekly monitoring reveals inflows (new units created) and outflows (old units destroyed) affecting ETF components. Large flows impact underlying holdings, requiring purchases or sales accordingly. Learn more about ETF trends and which ones experienced notable outflows recently for investment insights.

Read more at Nasdaq: Notable ETF Outflow Detected – ARKK, ROKU, COIN, SQ