Looking at present at week-over-week shares excellent adjustments among the many universe of ETFs l
Looking at present at week-over-week shares excellent adjustments among the many universe of ETFs lined at ETF Channel, one standout is the iShares Floating Fee Bond ETF (Image: FLOT) the place we’ve detected an approximate $91.7 million greenback influx — that is a 0.9% improve week over week in excellent models (from 194,700,000 to 196,500,000).
The chart under exhibits the one yr worth efficiency of FLOT, versus its 200 day shifting common:
Wanting on the chart above, FLOT’s low level in its 52 week vary is $50.02 per share, with $50.98 because the 52 week excessive level — that compares with a final commerce of $50.97. Evaluating the newest share worth to the 200 day shifting common can be a helpful technical evaluation approach — learn more about the 200 day moving average ».
Trade traded funds (ETFs) commerce identical to shares, however as a substitute of ”shares” buyers are literally shopping for and promoting ”models”. These ”models” might be traded forwards and backwards identical to shares, however can be created or destroyed to accommodate investor…