ETF Flows Don’t Lie: iShares Trust Saw $-30.74M Redemptions Following -0.23% AUM Decrease

ETF Flows Don't Lie: iShares Trust Saw $ 30.74M Redemptions Following  0.23% AUM Decrease

Today were reported iShares Trust (NYSEARCA:USMV)‘s daily net flows. The ETF registered $-30.74M asset outflows for -0.23% decrease, reaching $13140.27M 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 1.06% or $0.47 on November 1, hitting $43.71. It is down 0.50% since March 31, 2016 and is downtrending. It has underperformed by 3.02% 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: Wsj.com which released: “BlackRock Suspends Issuance of New iShares Gold Trust Shares” on March 04, 2016, also Streetinsider.com with their article: “Form 497K iSHARES TRUST” published on November 01, 2016, Etfdailynews.com published: “Analyst: Time To Buy Silver Again” on November 01, 2016. More interesting news about iShares Trust (NYSEARCA:USMV) were released by: Etfdailynews.com and their article: “Could Silver Return As The World’s Premier Currency?” published on October 31, 2016 as well as Seekingalpha.com‘s news article titled: “Silver: Too Many Bears” with publication date: November 02, 2016.

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