ILooking today at the ongoing week-over-week changes in stocks across the ETF universe covered by ETF Channel, the iShares JP Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we detected an outflow of approximately $504.5 million — that’s a 2.9% decrease week over week (from 170,900,000 to 166,000,000). The chart below shows EMB’s one-year price performance, compared to its 200-day moving average:
Looking at the chart above, EMB’s low point in its 52-week range is $101.85 per share, with $113.64 as its 52-week high – compare with a last trade of 103, $05. Comparing the most recent stock price to the 200-day moving average can also be a useful technical analysis technique – learn more about the 200-day moving average”.
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Exchange-traded funds (ETFs) trade like stocks, but instead of “stocks,” investors actually buy and sell “units.” These “units” can be traded like shares, but can also be created or destroyed to meet investor demand. Every week, we monitor the week-over-week trend of outstanding stock data, to monitor which ETFs are experiencing inflows (many new units created) or outflows (many old units destroyed) notables. The creation of new units will mean that the ETF’s underlying holdings must be bought, while the destruction of units involves the sale of underlying holdings, so large flows can also impact the individual components held in ETFs.
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