EEM, BVN, KT, CIB: Large Inflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Emerging Markets ETF (EEM) where we have detected an approximate $472.8 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 954,000,000 to 964,800,000). Among the largest underlying components of EEM, in trading today Compania de Minas Buenaventura S.A. (BVN) is off about 0.6%, KT Corp (KT) is up about 1.4%, and BanColombia, S.A. (CIB) is up by about 0.7%. For a complete list of holdings, visit the EEM Holdings page »

START SLIDESHOW:
Click here to find out which 9 other ETFs had notable inflows »

The chart below shows the one year price performance of EEM, versus its 200 day moving average:

iShares MSCI Emerging Markets ETF 200 Day Moving Average Chart

Looking at the chart above, EEM's low point in its 52 week range is $37.05 per share, with $45.13 as the 52 week high point — that compares with a last trade of $43.50. Comparing the most recent share 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 ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.

More from Stocks

Will Tesla Stock Tumble 33% to $195?

Will Tesla Stock Tumble 33% to $195?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Is Best Buy Sleeping With the Enemy With Amazon Partnership?

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

Dow, S&P 500 and Nasdaq Finish Lower as Apple, P&G Slump

Amazon Now Seems to View Prime as Untouchable, and 4 Other Bezos Takeaways

Amazon Now Seems to View Prime as Untouchable, and 4 Other Bezos Takeaways