November 17, 2016 - By Nellie Frank · 0 Comments
Nov 17 is a negative day so far for SPDR S&P Emerging Markets ETF (NYSEARCA:GMM) as the ETF is active during the day after losing 0.37% to hit $56.82 per share. The exchange traded fund has 184.24 million net assets and 1.07% volatility this month.
Over the course of the day 374 shares traded hands, as compared to an average volume of 39,360 over the last 30 days for SPDR S&P Emerging Markets ETF (NYSEARCA:GMM).
The ETF is -8.84% of its 52-Week High and 27.65% of its low, and is currently having ATR of 0.98. This year’s performance is 9.83% while this quarter’s performance is -7.42%.
The ETF’s YTD performance is 17.7%, the 1 year is 11.17% and the 3 year is -0.7%.
The ETF’s average P/E ratio is 13.09, the price to book is 1.48, the price to sales is 1.14 and the price to cashflow is 4.07. It was started on 3/23/2007. The fund’s top holdings are: TENCENT HLDGS LTD HKD0.00002 for 3.46% of assets, Alibaba Group Holding Limited A for 2.56%, TAIWAN SEMICON MAN TWD10 for 2.06%, CHINA CONST BK ‘H’CNY1 for 1.62%, Naspers Ltd Class N for 1.62%, CHINA MOBILE LTD NPV for 1.49%, Baidu Inc. – American Deposita for 1.16%, Itau Unibanco Holding SA ADR for 1.09%, IND & COM BK CHINA ‘H’CNY1 for 1.08%, INFOSYS LTD. for 0.97%. The ETF sector weights are: Basic Materials 7.70%, Consumer Cyclical 11.68%, Financial Services 24.82%, Realestate 3.62%, Consumer Defensive 7.52%, Healthcare 2.69%, Utilities 2.96%, Communication Services 5.66%, Energy 7.93%, Industrials 6.10%, Technology 19.34%. The ETF currently as 1.92% yield.
More notable recent SPDR S&P Emerging Markets (ETF) (NYSEARCA:GMM) news were published by: Benzinga.com which released: “Getting Paid The Emerging Markets Way” on April 03, 2016, also Nasdaq.com with their article: “5 Overlooked Emerging Market ETFs Gaining From Fed Policy” published on September 26, 2016, Benzinga.com published: “A Hidden Gem Among Emerging Markets ETFs” on October 06, 2016. More interesting news about SPDR S&P Emerging Markets (ETF) (NYSEARCA:GMM) were released by: Etfdailynews.com and their article: “Here’s Where Trillions of Investor Dollars Went After Trump’s Big Win” published on November 13, 2016 as well as Seekingalpha.com‘s news article titled: “Trump Won’t Trump Entrenched Trends” with publication date: November 15, 2016.
SPDR S&P Emerging Markets ETF seeks to replicate as closely as possible the total return performance of the S&P/Citigroup BMI Emerging Markets Index (the Index). The ETF has a market cap of $184.24 million. The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging markets. It currently has negative earnings. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation.
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By Nellie Frank