Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (EWJ) where we have detected an approximate $113.3 million dollar inflow — that’s a 0.7% increase week over week in outstanding units (from 291,750,000 to 293,850,000).
Looking at the chart above, EWJ’s low point in its 52 week range is $48.99 per share, with $62.47 as the 52 week high point — that compares with a last trade of $53.49. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique.
The iShares MSCI Japan ETF (EWJ) was trading at $53.20 per share on Thursday afternoon, down $0.75 (-1.39%). Year-to-date, EWJ has declined -11.23%, versus a 1.43% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.