Looking in the present day at week-over-week shares excellent adjustments among the many universe o
Looking in the present day 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 $101.eight million greenback outflow — that is a 1.0% lower week over week (from 197,000,000 to 195,000,000).
The chart under exhibits the one yr worth efficiency of FLOT, versus its 200 day shifting common:
Trying on the chart above, FLOT’s low level in its 52 week vary is $50.02 per share, with $51.01 because the 52 week excessive level — that compares with a final commerce of $50.92. Evaluating the newest share worth 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” traders are literally shopping for and promoting ”models”. These ”models” may be traded backwards and forwards similar to shares, however can be created or destroyed to accommodate investor demand. Every week we…