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11 June
Noteworthy ETF Inflows: DYNF, AVGO, AMD, CRM

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BlackRock U.S. Equity Factor Rotation ETF (Symbol: DYNF) where we have detected an approximate $732.6 million dollar inflow -- that's a 9.0% increase week over week in outstanding units (from 177,600,000 to 193,550,000). Among the largest underlying components of DYNF, in trading today Broadcom Inc (Symbol: AVGO) is off about 0.5%, Advanced Micro Devices Inc (Symbol: AMD) is down about 1%, and Salesforce Inc (Symbol: CRM) is up by about 0.2%. For a complete list of holdings, visit the DYNF Holdings page » The chart below shows the one year price performance of DYNF, versus its 200 day moving average:

BlackRock U.S. Equity Factor Rotation ETF 200 Day Moving Average Chart

Looking at the chart above, DYNF's low point in its 52 week range is $33.3105 per share, with $46.045 as the 52 week high point — that compares with a last trade of $45.74. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».

Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Also see:

Institutional Holders of IWNC
BYFC Options Chain
Top Ten Hedge Funds Holding SRVR

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.