Flows Coverage: iShares MSCI Frontier 100 (FM) Declines 0.27% for Nov 16

November 16, 2016 - By Ruchi Gupta   ·   0 Comments

Nov 16 is a negative day so far for iShares MSCI Frontier 100 (NYSEARCA:FM) as the ETF is active during the day after losing 0.27% to hit $25.41 per share. The exchange traded fund has 431.32M net assets and 1.38% volatility this month.

Over the course of the day 9,651 shares traded hands, as compared to an average volume of 144,000 over the last 30 days for iShares MSCI Frontier 100 (NYSEARCA:FM).

The ETF is -3.39% of its 52-Week High and 19.32% of its low, and is currently having ATR of 0.37. This year’s performance is 3.59% while this quarter’s performance is 0.64%.

The ETF’s YTD performance is 1.58%, the 1 year is -5.13% and the 3 year is -3.22%.

The ETF’s average P/E ratio is 11.97, the price to book is 1.29, the price to sales is 1.67 and the price to cashflow is 2.55. It was started on 9/13/2012. The fund’s top holdings are: National Bank of Kuwait SAK for 5.74% of assets, Kuwait Finance House KSC for 4.17%, Mobile Telecommunications Co KSC for 3.60%, YPF Sociedad Anonima Common Sto for 3.30%, Grupo Financiero Galicia S.A. – for 3.12%, Banco Macro S.A. ADR (represen for 3.11%, Safaricom Ltd for 2.93%, Rockcastle Global Real Estate Co Ltd for 2.58%, Attijariwafa Bank SA for 2.45%, MAROC TELECOM MAD6 for 2.35%. The ETF sector weights are: Basic Materials 4.52%, Consumer Cyclical 0.88%, Financial Services 43.10%, Realestate 6.76%, Consumer Defensive 8.28%, Healthcare 2.02%, Utilities 6.34%, Communication Services 14.05%, Energy 8.75%, Industrials 4.04%, Technology 1.25%. The ETF currently as 2.38% yield.

More recent iShares MSCI Frontier 100 ETF (NYSEARCA:FM) news were published by: Seekingalpha.com which released: “A Quick And Dirty Problem For IShares MSCI Frontier 100 ETF” on March 03, 2014. Also Wsj.com published the news titled: “Frontier Markets: Too Hot to Handle?” on August 30, 2013. Nasdaq.com‘s news article titled: “Grupo Financiero Galicia Becomes Oversold (GGAL)” with publication date: November 14, 2016 was also an interesting one.

The iShares MSCI Frontier 100 ETF is an exchange-traded fund. The ETF has a market cap of $431.32 million. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Frontier Markets 100 Index (the Underlying Index). It currently has negative earnings. The Fund will concentrate its investments (that is, hold 25% or more of its total assets) in a particular industry or group of industries, which may include large-, mid- or small-capitalization companies, to approximately the same extent that the Underlying Index is concentrated.

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By Ruchi Gupta

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