iShares Short Treasury Bond ETF Experiences Big Inflow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2024
0mins
Source: NASDAQ.COM
Stock Price Analysis:
- SHV's 52-week range is between $109.85 and $110.60 per share, with the last trade at $110.07.
- Comparing the current share price to the 200-day moving average is a useful technical analysis technique.
Exchange Traded Funds (ETFs):
- ETFs trade like stocks but involve buying and selling "units" instead of shares.
- These units can be traded back and forth like stocks and can be created or destroyed based on investor demand.
Monitoring ETFs:
- Weekly monitoring of changes in shares outstanding data helps track notable inflows (new units created) or outflows (old units destroyed).
- Creation of new units requires purchasing underlying holdings, while destruction involves selling holdings, impacting individual components within ETFs.
Additional Information:
- Investors can find out about other ETFs with notable inflows by clicking on the provided link.
Disclaimer:
- The views and opinions expressed in the content belong to the author and may not necessarily reflect those of Nasdaq, Inc.
Analyst Views on SHV
Wall Street analysts forecast SHV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 110.340
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Current: 110.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
