Wanti
Wanting at this time at week-over-week shares excellent adjustments among the many universe of ETFs coated at ETF Channel, one standout is the iShares Floating Price Bond ETF (Image: FLOT) the place we’ve got detected an approximate $40.eight million greenback outflow — that is a 0.4% lower week over week (from 191,700,000 to 190,900,000).
The chart beneath reveals the one 12 months value efficiency of FLOT, versus its 200 day shifting common:
Wanting on the chart above, FLOT’s low level in its 52 week vary is $50.44 per share, with $51.02 because the 52 week excessive level — that compares with a final commerce of $50.98. Evaluating the newest share value to the 200 day shifting common can be a helpful technical evaluation method — learn more about the 200 day moving average ».
Alternate traded funds (ETFs) commerce similar to shares, however as an alternative of ”shares” buyers are literally shopping for and promoting ”models”. These ”models” might be traded forwards and backwards similar to shares, however can be created or…