Noteworthy ETF Inflows: TZA Friday, July 13, 10:55 AM ET, by Market News Video Staff Symbols mentioned in this story: TZA Exchange traded funds (ETFs) trade just like stocks, but ...
Noteworthy ETF Outflows: TZA Monday, July 23, 10:58 AM ET, by Market News Video Staff Symbols mentioned in this story: TZA Exchange traded funds (ETFs) trade just like stocks, but ...
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.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Small Cap Bear 3x Shares (AMEX:TZA) where we have detected an approximate $12.1 million dollar outflow -- that's a 2.1% decrease week over week (from 16,605,984 to 16,255,984).
The chart below shows the one year price performance of TZA, versus its 200 day moving average:
Looking at the chart above, TZA's low point in its 52 week range is $31.58 per share, with $136.95 as the 52 week high point — that compares with a last trade of $34.07. 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 ».
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors —
anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset
allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors,
commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow
the performance trail wherever it leads us.
This Article's Word Cloud:ChannelETFsInvestmentLookingSmallaboveallowsalsoanalysisassetaveragechangeschartclassescompletelycountriescreateddecreasedesigneddestroyedflexibilityfollowhaveholdingsinvestorsjustlikemanymostmovingoutstandingoverperformancepointportfoliopricesellingsharesharesshortstocksthatthistradetradedunderlyingunitsuniverseweekwith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Daily Wrap: May 10, 2013
Daily Dividend Report: CRI, WM, CHRW, NVDA, CBI
Daily Dividend Report: MAR, LEG, ORI, OFC, RNDY
Analyst Moves: DISH, MDR, PCLN
Analyst Moves: RIG, APC, BSX
Daily Wrap: May 9, 2013