From Nasdaq: 2024-10-30 12:09:20

The iShares U.S. Technology ETF (IYW) saw a $181.4 million outflow, a 0.9% decrease in shares outstanding. NVIDIA Corp is down 1.4%, Adobe Inc is up 0.7%, and IBM is lower by 1%. IYW’s 52-week range is $102.3695 to $158.97, with a last trade of $157.55. ETFs trade like stocks, with units created or destroyed based on investor demand.

Investors can monitor ETF flows to see which ETFs are experiencing notable inflows or outflows. Creation of new units involves purchasing underlying holdings, while destruction of units involves selling holdings. Visit ETF Channel to find out which other ETFs saw notable outflows and to learn more about ETF investing.

For more information on ETF investing, share outstanding history, institutional holders, and technical analysis, visit the relevant links provided. Remember, the author’s views and opinions do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: IYW, NVDA, ADBE, IBM: Large Outflows Detected at ETF