Underlying Index Performance: 108450.KO tracks a specific index. The ETF's price heavily relies on the performance of the stocks or assets within that index. If the index rises, the ETF's price tends to increase, and vice versa.

Supply and Demand: Market forces of supply and demand also influence the ETF's price. Higher demand pushes the price up, while increased supply can lower it.

Net Asset Value (NAV): The NAV represents the total value of the ETF's underlying assets minus liabilities, divided by the number of outstanding shares. Significant divergence between the market price and NAV can create arbitrage opportunities.

Market Sentiment: General investor sentiment toward the underlying assets or the overall market can impact the ETF's price. Optimism usually drives prices up, while pessimism can lead to declines.

Expense Ratio: The expense ratio is the annual fee charged to manage the ETF. Higher expense ratios can slightly reduce returns and potentially affect the ETF's attractiveness to investors.

Fund Flows: Large inflows of money into the ETF can drive up the price, while significant outflows can exert downward pressure.