Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis U.S. Small Cap Value ETF (Symbol: AVUV). We have detected an approximate $219.8 million inflow—representing a 1.2% increase week over week in outstanding units (from 188,100,000 to 190,300,000).

Among the largest underlying components of AVUV, in trading today:

– Air Lease Corp (Symbol: AL) is up about 0.1%
– Five Below Inc (Symbol: FIVE) is up about 3.2%
– GATX Corp (Symbol: GATX) is higher by about 0.7%

For a complete list of holdings, visit the [AVUV Holdings page »](#).

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**Price Performance and Technical Analysis**

The chart below shows the one-year price performance of AVUV versus its 200-day moving average.

Looking at the chart, AVUV’s low point in its 52-week range is $74 per share, with $107.64 as the 52-week high point. This compares with a last trade price of $100.39.

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 »](#).

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**Understanding ETF Units and Weekly Flows**

Exchange Traded Funds (ETFs) trade just like stocks, but instead of “shares,” investors are actually buying and selling “units.” These units can be traded back and forth similarly to stocks, but they can also be created or destroyed to accommodate investor demand.

Each week, we monitor the week-over-week change in shares outstanding data to identify ETFs experiencing notable inflows (many new units created) or outflows (many units destroyed).

The creation of new units means the underlying holdings of the ETF need to be purchased, while the destruction of units involves selling underlying holdings. Therefore, large flows can also impact the individual components held within ETFs.

Click here to find out which 9 other ETFs had notable inflows ».

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**Additional Resources**

– CWAN shares outstanding history
– Ross Stores DMA
– TOTR Videos

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*The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.*
https://www.nasdaq.com/articles/avantis-us-small-cap-value-etf-experiences-big-inflow