Im a tad stumped. I understand how normal share prices are effected by everyday activity but What affects an ETF share price? Especially if it is just tracking an index?
If the asx 200 does poorly for example would that lower the price of the relevant etf which is tracking it? Or is the etf dependant on people buying and selling the etf in anticipation of a drop/ rise in the index?
I have a feeling i have completely missed the mark with this one and will continue to research this myself in case i do not recieve a reply.