ETF On Watch: iShares Trust Recorded $-534.94M Redemptions Due To -3.78% AUM Decrease

ETF On Watch: iShares Trust Recorded $ 534.94M Redemptions Due To  3.78% AUM Decrease

Today were reported iShares Trust (NYSEARCA:USMV)‘s daily net flows. The ETF registered $-534.94M asset outflows for -3.78% decrease, reaching $13627.62M after yestarday’s trading session. The chart of iShares Trust shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock decreased 0.11% or $0.05 on October 7, hitting $44.55. iShares Trust (NYSEARCA:USMV) has risen 4.60% since March 7, 2016 and is uptrending. It has underperformed by 2.99% the S&P500.

The ETF’s YTD performance is 10.32%, the 1 year is 17.27% and the 3 year is 13.29%.

The ETF’s average P/E ratio is 21.46, the price to book is 3.27, the price to sales is 2.02 and the price to cashflow is 12.9. iShares Trust is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: AT&T Inc. for 1.53% of assets, Procter & Gamble Company (The) for 1.53%, Paychex Inc. for 1.51%, Johnson & Johnson Common Stock for 1.51%, Pepsico Inc. Common Stock for 1.50%, Verizon Communications Inc. Com for 1.49%, General Mills Inc. Common Stoc for 1.45%, Becton Dickinson and Company C for 1.44%, Consolidated Edison Inc. Commo for 1.40%, Automatic Data Processing Inc. for 1.38%. The ETF sector weights are: Basic Materials 2.25%, Consumer Cyclical 6.32%, Financial Services 9.28%, Realestate 10.46%, Consumer Defensive 15.43%, Healthcare 19.92%, Utilities 8.55%, Communication Services 5.83%, Energy 1.93%, Industrials 11.39%, Technology 8.63%. The ETF currently as 0% yield.

More notable recent iShares Trust (NYSEARCA:USMV) news were published by: which released: “BlackRock Suspends Issuance of New iShares Gold Trust Shares” on March 04, 2016, also with their article: “Worst Case Scenario for Silver? $10 Per Ounce” published on October 07, 2016, published: “iShares Gold Trust Experiences Big Inflow” on August 08, 2016. More interesting news about iShares Trust (NYSEARCA:USMV) were released by: and their article: “Silver Prices Plunge to Three-Month Lows” published on October 04, 2016 as well as‘s news article titled: “Silver is Having Its Worst Week in Over Three Years” with publication date: October 06, 2016.

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