Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Gold Trust (IAU) where we have detected an approximate $74.7 million dollar inflow — that’s a 0.6% increase week over week in outstanding units (from 968,100,000 to 974,100,000).
IAU’s low point in its 52-week range is $11.25 per share, with $13.11 as the 52-week high point — that compares with a last trade of $12.47. Comparing the most recent share price to the 200-day moving average can also be a useful technical analysis technique.
The Alerian MLP ETF (AMLP) was trading at $9.68 per share on Monday afternoon, down $0.10 (-1.02%). Year-to-date, AMLP has declined -6.71%, versus a -1.15% rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of ETF Channel.