Noteworthy ETF Outflows: AAXJ, BEKE, ZTO, GRAB
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 01 2024
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Source: NASDAQ.COM
ETF Performance Overview: AAXJ's share price is currently at $71.67, within a 52-week range of $60.9164 to $75.60, and the comparison with the 200-day moving average is highlighted as a useful technical analysis tool.
ETFs Trading Mechanism: ETFs trade like stocks but involve "units" that can be created or destroyed based on investor demand, impacting the underlying holdings and leading to notable inflows or outflows monitored weekly.
Analyst Views on ZTO
About ZTO
ZTO Express (Cayman) Inc is a holding company that provides express delivery services and other value-added logistics services through a nationwide network. The express delivery services mainly include parcel sorting and route transportation. The Company provides express delivery services directly to corporate customers, including vertical e-commerce and traditional merchants, as well as delivering products to end consumers. The Company also provides freight forwarding services.
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.
