Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis Emerging Markets Equity ETF (Symbol: AVEM). We have detected an approximate $200.7 million inflow — that’s a 1.4% increase week over week in outstanding units (from 181,800,000 to 184,400,000).
Among the largest underlying components of AVEM, in trading today:
– Alibaba Group Holding Ltd (Symbol: BABA) is up about 2.1%
– NetEase, Inc (Symbol: NTES) is up about 0.1%
– ICICI Bank Ltd (Symbol: IBN) is up about 0.3%
For a complete list of holdings, visit the [AVEM Holdings page »](#).
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### Price Performance Overview
The chart below shows the one-year price performance of AVEM versus its 200-day moving average:
Looking at the chart, AVEM’s low point in its 52-week range is $52.52 per share, with $77.97 as the 52-week high point. This compares with a last trade price of $77.68.
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 »](#).
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### Understanding ETF Units and Flows
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 they can also be created or destroyed to accommodate investor demand.
Each week, we monitor the week-over-week change in shares outstanding data to identify ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). The creation of new units means the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings. Consequently, large flows can also impact the individual components held within ETFs.
[Click here to find out which 9 other ETFs had notable inflows »](#)
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### Additional Resources
– Best Dividend Stocks
– Funds Holding JULT
– Institutional Holders of CCIX
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*The views and opinions expressed herein are those of the author and do not necessarily reflect the views and opinions of Nasdaq, Inc.*
https://www.nasdaq.com/articles/notable-etf-inflow-detected-avem-baba-ntes-ibn-0