Investors Exit S&P Global Index Fund on Perceived Weakness Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Global 100 Index Fund (IOO) where we have detected an approximate $28.1 million dollar outflow -- that's a 2.7% decrease week over week (from 16,500,000 to 16,050,000). Among the largest underlying components of IOO, in trading today Mcdonalds Corporation (MCD) is off about 0.6%, and Hewlett Packard Company (HPQ) is lower by about 1%. For a complete list of holdings, visit the IOO Holdings page »
The chart below shows the one year price performance of IOO, versus its 200 day moving average:
Looking at the chart above, IOO's low point in its 52 week range is $50.27 per share, with $69.28 as the 52 week high point — that compares with a last trade of $62.13. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique http://beta.news.yahoo.com/investors-exit-p-global-index-fund-perceived-weakness-184615148.html
My post is for my entertainment, do your own DD before pushing your buy/sell buttons
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