Wanting at present at week-over-week shares excellent modifications among the many universe of ETFs coated at ETF Channel, one standout is the iShares iBoxx $ Excessive Yield Company Bond ETF (Image: HYG) the place we’ve got detected an approximate $326.four million greenback influx — that is a 1.8% improve week over week in excellent items (from 207,100,000 to 210,800,000).
The chart beneath exhibits the one 12 months value efficiency of HYG, versus its 200 day transferring common:
Wanting on the chart above, HYG’s low level in its 52 week vary is $84.4715 per share, with $88.53 because the 52 week excessive level — that compares with a final commerce of $88.31. Evaluating the latest share value to the 200 day transferring common may also be a helpful technical evaluation method — learn more about the 200 day moving average ».
Alternate traded funds (ETFs) commerce identical to shares, however as an alternative of ”shares” buyers are literally shopping for and promoting ”items”. These ”items” may be traded backwards and forwards identical to…