Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Canada ETF (EWC - Get Report) where we have detected an approximate $95.0 million dollar outflow -- that's a 3.8% decrease week over week (from 92,900,000 to 89,400,000).The chart below shows the one year price performance of EWC, versus its 200 day moving average: Looking at the chart above, EWC's low point in its 52 week range is $26.69 per share, with $33.11 as the 52 week high point — that compares with a last trade of $26.82. 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.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Stocks
Pinterest, Zoom Surge on Debuts, but Can They Avoid Lyft's Fate?
The economics of both firms are attractive, but their valuations are very high, as is typical for tech new issues.
Pinterest and Zoom Are Off to the Races, but Now Comes the Tough Part
The two tech unicorns popped on their first day of trading, but the performance of Lyft since its own initial day of trading serves as a cautionary tale.
Stocks End Up on Strong Retail Sales Report and Mostly Positive Earnings
Stocks rise Thursday on a strong U.S. retail sales report and mostly better-than-expected earnings.
Bears Suffer Another Setback Heading Into the Heart of Earnings Season
With a friendly Fed, a tight labor market and data like March retail sales, the chances for upside surprises are good.
Penny Stock Zoom Technologies Soars 50,000% in Apparent Mistaken Identity
Investors seem to have confused Zoom Technologies, which has all of ten employees, with Zoom Video Communications, a fast-growing videoconferencing company that just had a very successful IPO.