OEF, CRM, IBM, CHTR: major exits detected at the ETF
LLooking today at stocks going week to week among the universe of ETFs covered at ETF channel, the iShares S&P 100 ETF (Ticker: OEF) stands out, where we detected an exit of around $ 116.7 million, down 1.6% week-over-week (from 42 850,000 to 42,150,000). Among the major underlying components of OEF, in trade today, Salesforce.com Inc (ticker: CRM) is down about 0.7%, International Business Machines Corp (ticker: IBM) is down increase of approximately 0.2% and Charter Communications Inc (ticker: CHTR) is lower by approximately 0.4%. For a complete list of holdings, visit the OEF Holdings page »
The chart below shows OEF’s one-year price performance, relative to its 200-day moving average:
Looking at the chart above, OEF’s low point in its 52 week range is $ 101.8696 per share, with $ 170.3856 as a 52 week high, compared with a last trade of 167, $ 51. 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 ».
Exchange Traded Funds (ETFs) trade just like stocks, but instead of “stocks”, investors buy and sell “units”. These “units” can be traded like stocks, but can also be created or destroyed to meet investor demand. Each week, we monitor the week-to-week evolution of outstanding stock data, in order to keep an eye on ETFs with notable entries (many new units created) or exits (many old units destroyed. ). The creation of new units will require the purchase of the underlying holdings of the ETF, while the destruction of units involves the sale of the underlying holdings, so large flows can also impact the components. individuals held in ETFs.
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