Inflow of $560.3 million detected in IWY ETF, while major components GOOGL, LLY, COST declined.
From Nasdaq: 2024-12-27 10:54:53
The iShares Russell Top 200 Growth ETF (IWY) saw a $560.3 million inflow, a 4.0% increase in outstanding units. Major components, Alphabet Inc, Eli Lilly, and Costco Wholesale Corp, experienced declines. The chart shows IWY’s one year performance compared to its 200-day moving average, with a 52-week range of $169.90 to $245.04.
ETFs, like stocks, trade in units that can be bought, sold, created, or destroyed. Monitoring weekly changes in shares outstanding helps track ETF inflows and outflows, impacting underlying holdings. Check out other ETFs with notable inflows and learn how large flows can affect individual components within ETFs.
Read more at Nasdaq: IWY, GOOGL, LLY, COST: Large Inflows Detected at ETF