iShares MSCI EAFE Small-Cap ETF Sees Significant Influx of Funds
52-Week Range Analysis: SCZ's share price has a 52-week low of $56.64 and a high of $78.13, with the last trade recorded at $76.99.
200-Day Moving Average: The article suggests that comparing the current share price to the 200-day moving average can be a useful technical analysis tool.
ETFs Trading Mechanism: Exchange traded funds (ETFs) function similarly to stocks, where investors buy and sell "units" that can be created or destroyed based on demand.
Monitoring ETF Flows: Weekly monitoring of changes in shares outstanding helps identify ETFs with significant inflows or outflows, which can affect the underlying assets held within those ETFs.
Trade with 70% Backtested Accuracy
Analyst Views on GLBE
About GLBE
About the author


Market Opening: U.S. stock markets are set to open in two hours.
Jazz Pharmaceuticals Performance: Jazz Pharmaceuticals PLC (JAZZ) saw a 10.7% increase in pre-market trading.
Live Nation Entertainment Performance: Live Nation Entertainment Inc. (LYV) experienced an 8.9% rise in pre-market trading.
Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors for these companies.
- Share Sale Details: Brown Capital Management sold 189,819 shares of AppFolio in Q4 2026, valued at approximately $45.11 million, indicating a potential decline in confidence regarding the company's future performance.
- Holding Proportion Change: Following this transaction, AppFolio now represents only 2.9% of Brown Capital's 13F assets, suggesting a diminished significance in their investment portfolio that could influence future investment strategies.
- Market Performance Analysis: As of February 17, 2026, AppFolio shares were priced at $168.79, down 20.6% year-over-year and trailing the S&P 500 by 34.25 percentage points, reflecting a waning investor confidence in the stock.
- Investor Focus: The reduction in holdings by Brown Capital may relate to managing outflows or locking in gains, prompting investors to monitor AppFolio's customer retention rates and revenue growth per unit to assess its future growth potential.
- Share Sale Details: On February 17, 2026, Brown Capital sold 189,819 shares of AppFolio, with an estimated transaction value of $45.11 million, indicating a strategic move to manage liquidity amid market fluctuations.
- Decline in Position Value: Following the sale, the quarter-end value of AppFolio's position decreased by $58.87 million, illustrating the dual impact of share reduction and price movement, which may affect investor confidence in the stock.
- Change in Holding Proportion: Post-sale, Brown Capital's remaining 152,123 shares now represent only 2.9% of its assets under management, removing AppFolio from its top five holdings, signaling a shift in investment strategy.
- Market Reaction: AppFolio's stock has fallen 21% over the past year, reflecting investor cooling towards high-multiple software companies, with future growth hinging on increasing managed units and revenue per unit through value-added services.
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, exceeding expectations of 0.3%, indicating a rebound in capital spending that boosts market confidence and drives stock prices higher.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly surpassing the expected 1.304 million, suggesting a recovery in the housing market that could stimulate investment and consumption in related sectors.
- Manufacturing Production Growth: January manufacturing production rose by 0.6% month-over-month, stronger than the expected 0.4%, marking the largest increase in 11 months, indicating a recovery in manufacturing that supports overall economic growth expectations.
- Optimistic Stock Market Performance: Over 75% of S&P 500 companies reported earnings that beat expectations, with Q4 earnings growth projected at 8.4%, providing strong support for the stock market despite lingering doubts about future interest rate policies.
- Strong Performance: Global-e Online reported fourth-quarter revenue of $336.7 million, a 28% year-over-year increase that surpassed Wall Street expectations, with adjusted earnings per share rising to 49 cents from 30 cents, indicating robust profitability and market demand.
- Key Operating Metric Growth: The company's gross merchandise value (GMV) reached $2.36 billion, up 37.8% year-over-year, reflecting successful launches in the luxury and consumer goods sectors, which further solidified its market position.
- Strong Future Guidance: Global-e Online's 2026 outlook excited investors, with first-quarter revenue expected between $247 million and $254 million and full-year sales projected between $1.21 billion and $1.27 billion, both exceeding analyst expectations and indicating sustained market demand.
- Significant Stock Surge: Following the earnings release, Global-e Online's shares surged approximately 11.9% by midday Wednesday, reflecting market optimism about the company's growth potential, which has driven its market capitalization to $5 billion.
- Strong Economic Data: US December capital goods new orders rose 0.6% month-over-month, surpassing expectations of 0.3%, indicating a rebound in capital spending and boosting market confidence in economic recovery.
- Housing Market Recovery: December housing starts increased by 6.2% month-over-month to 1.404 million, significantly exceeding expectations of 1.304 million, suggesting a revival in the real estate market that could drive growth in related sectors.
- Manufacturing Production Growth: January manufacturing production rose 0.6% month-over-month, beating expectations of 0.4%, marking the largest increase in 11 months, which indicates a recovery momentum in manufacturing that may further propel economic growth.
- Optimistic Corporate Earnings: Over 75% of S&P 500 companies reported earnings that exceeded expectations, with Q4 earnings growth projected at 8.4%, which will further boost market sentiment and attract investor interest.










