Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (IWO) where we have detected an approximate $147.4 million dollar outflow — that’s a 1.6% decrease week over week (from 49,900,000 to 49,100,000). Among the largest underlying components of IWO, in trading today Etsy Inc (ETSY) is down about 1.9%, Integrated Device Technology Inc (IDTI) is trading flat, and Five Below Inc (FIVE) is lower by about 3.9%. For a complete list of holdings, visit the IWO Holdings page »
The chart below shows the one year price performance of IWO, versus its 200 day moving average:
Looking at the chart above, IWO’s low point in its 52 week range is $175.64 per share, with $220.82 as the 52 week high point — that compares with a last trade of $182.09. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique
The iShares Russell 2000 Growth ETF (IWO) was trading at $182.33 per share on Thursday afternoon, down $2.08 (-1.13%). Year-to-date, IWO has declined -2.19%, versus a 0.13% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.