JNK: Large Inflows Detected at ETF
Nasdaq Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg High Yield Bond ETF (Symbol: JNK) where we have detected an approximate $879.4 million dollar inflow -- that's a 11.7% increase week over week in outstanding units (from 81,870,000 to 91,470,000). The chart below shows the one year price performance of JNK, versus its 200 day moving average:
Looking at the chart above, JNK's low point in its 52 week range is $86.2818 per share, with $94.835 as the 52 week high point that compares with a last trade of $91.42. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average .
