Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 1-3 Year Treasury Bond ETF (SHY) where we have detected an approximate $956.7 million dollar inflow — that’s a 5.9% increase week over week in outstanding units (from 194,000,000 to 205,500,000).
HY’s low point in its 52 week range is $82.83 per share, with $84.11 as the 52 week high point — that compares with a last trade of $83.24. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique
The iShares 1-3 Year Treasury Bond ETF (SHY) was trading at $83.21 per share on Thursday afternoon, up $0.01 (+0.01%). Year-to-date, SHY has declined -0.32%, versus a 3.08% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.