Wanting right this moment at week-over-week shares excellent modifications among the many universe of ETFs lined at ETF Channel, one standout is the QDF ETF (Image: QDF) the place now we have detected an approximate $36.eight million greenback outflow — that is a 2.0% lower week over week (from 36,950,001 to 36,200,001).
The chart beneath reveals the one 12 months value efficiency of QDF, versus its 200 day transferring common:
Wanting on the chart above, QDF’s low level in its 52 week vary is $42.26 per share, with $49.40 because the 52 week excessive level — that compares with a final commerce of $48.99. Evaluating the latest share value to the 200 day transferring common will 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 a substitute of ”shares” buyers are literally shopping for and promoting ”models”. These ”models” will be traded backwards and forwards identical to shares, however will also be created or destroyed to accommodate investor…