Notable ETF influxes: JEPI
Looking at week-over-week stocks today, the changes underway among the universe of ETFs covered at ETF channel, ETF JEPI (Symbol: JEPI) stood out with an inflow of approximately $207.7 million, a 0.9% increase week-over-week in units outstanding (from 410,550,000 to 414,450,000). The chart below shows the one-year price performance of JEPI, compared to its 200-day moving average:
Looking at the chart above, JEPI’s low point in its 52-week range is $49.92 per share, with $62.60 as its 52-week high – compare with a last trade of 53.48 $. Comparing the most recent stock 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 like stocks, but instead of “stocks,” investors actually buy and sell “units.” These “units” can be traded like shares, but can also be created or destroyed to meet investor demand. Every week, we monitor the week-over-week trend in outstanding stock data, to monitor which ETFs are experiencing inflows (many new units created) or outflows (many old units destroyed) notables. The creation of new units will mean that the ETF’s underlying holdings must be bought, while the destruction of units involves the sale of underlying holdings, so large flows can also impact the individual components held in ETFs.
Also see:
• Preferred shares by industry
• Top 10 Hedge Funds Holding GMOMs
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Notable ETF influxes: JEPI
