ETF of The Day: Guggenheim Frontier Markets ETF (FRN) Rises 0.34% for Nov 16

November 16, 2016 - By Richard Conner   ·   0 Comments

Nov 16 is a positive day so far for Guggenheim Frontier Markets ETF (NYSEARCA:FRN) as the ETF is active during the day after gaining 0.34% to hit $11.86 per share. The exchange traded fund has 39.63M net assets and 0.94% volatility this month.

Over the course of the day 605 shares traded hands, as compared to an average volume of 11,570 over the last 30 days for Guggenheim Frontier Markets ETF (NYSEARCA:FRN).

The ETF is -1.76% of its 52-Week High and 29.41% of its low, and is currently having ATR of 0.12. This year’s performance is 9.81% while this quarter’s performance is 0.86%.

The ETF’s YTD performance is 9.81%, the 1 year is 4.49% and the 3 year is -9.4%.

The ETF’s average P/E ratio is 12.23, the price to book is 1.58, the price to sales is 1.95 and the price to cashflow is 2.45. It was started on 6/13/2008. The fund’s top holdings are: Copa Holdings S.A. Copa Holdin for 5.64% of assets, National Bank of Kuwait SAK for 4.85%, Guaranty Trust Bank PLC for 4.32%, Attijariwafa Bank SA for 4.12%, MercadoLibre Inc for 4.03%, Safaricom Ltd for 3.86%, Kuwait Finance House KSC for 3.63%, Banca Transilva SA for 3.48%, Nigerian Breweries PLC for 3.33%, MAROC TELECOM MAD6 for 3.10%. The ETF sector weights are: Basic Materials 5.67%, Consumer Cyclical 5.55%, Financial Services 43.65%, Realestate 5.95%, Consumer Defensive 8.47%, Healthcare 0.22%, Utilities 4.02%, Communication Services 10.55%, Energy 8.46%, Industrials 7.46%. The ETF currently as 1.70% yield.

More notable recent Claymore BNY Mellon Frontier Markets ETF (NYSEARCA:FRN) news were published by: Businesswire.com which released: “Claymore Exchange-Traded Funds Renamed Guggenheim Exchange-Traded Funds” on September 27, 2010, also Etftrends.com with their article: “Middle East ETFs: A Good Area to Invest?” published on September 09, 2010, Etftrends.com published: “Investing in the ‘Islamic Triangle’ ETFs” on September 22, 2010. More interesting news about Claymore BNY Mellon Frontier Markets ETF (NYSEARCA:FRN) were released by: Fool.com and their article: “7 ETFs for the Perfect Portfolio” published on October 05, 2010 as well as Etftrends.com‘s news article titled: “BRICs: Move Over for CIVETS ETFs?” with publication date: July 27, 2010.

Guggenheim Frontier Markets ETF , formerly Claymore/BNY Mellon Frontier Markets ETF, seeks investment results that correspond generally to the performance of an equity index called Bank of New York Mellon New Frontier DR Index (the Frontier Index). The ETF has a market cap of $39.63 million. The Fund will invest at least 80% of its total assets in American depositary receipts (ADRs) and global depositary receipts (GDRs) that consists of the Index or in the stocks underlying such ADRs and GDRs. It currently has negative earnings. The Fund also will invest at least 80% of its total assets in securities of issuers from Frontier Market countries.

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By Richard Conner


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