November 15, 2016 - By Ruchi Gupta · 0 Comments
Nov 15 is a positive day so far for iShares MSCI Emerging Markets (NYSEARCA:EEM) as the ETF is active during the day after gaining 1.9% to hit $34.95 per share. The exchange traded fund has 26.68B net assets and 1.19% volatility this month.
Over the course of the day 12.65M shares traded hands, as compared to an average volume of 76.46M over the last 30 days for iShares MSCI Emerging Markets (NYSEARCA:EEM).
The ETF is -9.84% of its 52-Week High and 26.12% of its low, and is currently having ATR of 0.67. This year’s performance is 8.17% while this quarter’s performance is -8.77%.
The ETF’s YTD performance is 16.28%, the 1 year is 9% and the 3 year is -2.39%.
The ETF’s average P/E ratio is 12.88, the price to book is 1.4, the price to sales is 1.19 and the price to cashflow is 4.15. It was started on 4/14/2003. The fund’s top holdings are: Barclays Global In for 5.08% of assets, TENCENT HLDGS LTD HKD0.00002 for 3.47%, TAIWAN SEMICON MAN TWD10 for 3.41%, Samsung Electronics Co Ltd for 3.32%, Alibaba Group Holding Limited A for 2.65%, Naspers Ltd Class N for 1.70%, CHINA MOBILE LTD NPV for 1.63%, CHINA CONST BK ‘H’CNY1 for 1.43%, Baidu Inc. – American Deposita for 1.11%, IND & COM BK CHINA ‘H’CNY1 for 1.03%. The ETF sector weights are: Basic Materials 7.42%, Consumer Cyclical 11.44%, Financial Services 23.98%, Realestate 2.65%, Consumer Defensive 7.49%, Healthcare 2.55%, Utilities 2.98%, Communication Services 6.01%, Energy 6.95%, Industrials 4.94%, Technology 23.61%. The ETF currently as 2.05% yield.
More notable recent iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) news were published by: Etfdailynews.com which released: “Emerging Markets ETFs Bracing for Larger Pullback?” on October 12, 2016, also Etfdailynews.com with their article: “BlackRock: Emerging Markets Looking Good, Despite Election Worries” published on November 02, 2016, Etfdailynews.com published: “Options Activity Shows Investors Hedging Emerging Market Positions” on November 07, 2016. More interesting news about iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) were released by: Etfdailynews.com and their article: “Investors are Flocking to These Emerging Market Funds” published on September 13, 2016 as well as Etfdailynews.com‘s news article titled: “Options Traders Are Betting These ETFs Will Get Hit Hard” with publication date: November 04, 2016.
iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund , seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The ETF has a market cap of $26.68 billion. The Index is designed to measure equity market performance in the global emerging markets. It currently has negative earnings. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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By Ruchi Gupta