COWZ: ETF Inflow Alert | Nasdaq

Looking today at the remarkable week-by-week movement of ETF shares covered on the ETF Channel, the standout COWZ ETF (ticker: COWZ) detected inflows of approximately $214.1 million – representing an increase of 0.9% week over week in outstanding units (from 416,400,000 to 420,300,000). The chart below shows the year-to-date price performance of COWZ compared to the 200-day moving average:

COWZ ETF 200 Day Moving Average Chart

Looking at the chart above, COWZ’s 52-week low is $45.90 per share, with $58.48 as its 52-week high – which compares to its last trade of $54.48. Comparing the most recent stock price to a 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 like stocks, but instead of “shares,” investors actually buy and sell “units.” These “units” can be traded back and forth like stocks, but can also be created or destroyed to meet investor demand. We monitor weekly changes in equity trading data each week to look out for those ETFs that are experiencing significant inflows (many new units have been created) or outflows (many old units have been destroyed). The creation of new units will require the purchase of underlying shares in the ETF, while the destruction of units will involve selling the underlying shares, so large flows may also impact individual components held within ETFs.

Click here to find out which 9 other ETFs saw significant inflows »

See also:

• ARK Investment Management Top holding companies
• DHI dividend history
• Date of the next FSP dividend

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.