November 17, 2016 - By Hazel Jackson · 0 Comments
Nov 17 is a positive day so far for IQ Global Resources ETF (NYSEARCA:GRES) as the ETF is active during the day after gaining 0.24% to hit $25.46 per share. The exchange traded fund has 74.63M net assets and 1.33% volatility this month.
Over the course of the day 3,701 shares traded hands, as compared to an average volume of 63,580 over the last 30 days for IQ Global Resources ETF (NYSEARCA:GRES).
The ETF is -4.60% of its 52-Week High and 36.94% of its low, and is currently having ATR of 0.4. This year’s performance is 22.36% while this quarter’s performance is -3.04%.
The ETF’s YTD performance is 24.71%, the 1 year is 19.41% and the 3 year is -2.08%.
The ETF’s average P/E ratio is 19.17, the price to book is 1.45, the price to sales is 1.04 and the price to cashflow is 7.49. It was started on 10/27/2009. The fund’s top holdings are: Morgan Stanley Ilf/Treas/Inst for 10.40% of assets, CHINA SHENHUA ENER ‘H’CNY1 for 9.36%, Tyson Foods Inc. Common Stock for 5.63%, Hormel Foods Corporation Common for 4.51%, General Mills Inc. Common Stoc for 3.52%, SANDVIK AB NPV for 3.14%, Kellogg Company Common Stock for 2.55%, Archer-Daniels-Midland Company for 2.50%, ConAgra Brands Inc. Common Sto for 2.01%, CHINA RES PWR HLDG NPV for 1.75%. The ETF sector weights are: Basic Materials 42.07%, Consumer Defensive 39.40%, Utilities 3.21%, Energy 7.99%, Industrials 7.33%. The ETF currently as 2.16% yield.
More notable recent IQ ARB Global Resources ETF (NYSEARCA:GRES) news were published by: Nasdaq.com which released: “Rio Tinto Plc (RIO) Ex-Dividend Date Scheduled for August 10, 2016” on August 09, 2016, also Etfdailynews.com with their article: “Barrick Gold Corporation (ABX) Could Run Up As High As $44 A Share” published on December 03, 2013, Nasdaq.com published: “Hormel Foods Corporation (HRL) Ex-Dividend Date Scheduled for January 15, 2015” on January 14, 2015. More interesting news about IQ ARB Global Resources ETF (NYSEARCA:GRES) were released by: Zacks.com and their article: “Merger amp; Acquisition ETFs: Will 2016 Replicate 2015?” published on December 15, 2015 as well as Zacks.com‘s news article titled: “Bet on M&A Frenzy with These ETFs and Stocks” with publication date: April 08, 2015.
IQ ARB Global Resources ETF seeks investment results that correspond to the price and yield performance of the IQ ARB Global Resources Index (the Index). The ETF has a market cap of $74.63 million. The Index uses momentum and valuation factors to identify global companies that operate in commodity-specific market divisions and whose equity securities trade in developed markets, including the United States. It currently has negative earnings. These divisions include livestock; precious metals; grains, food and fiber; energy; industrial metals; timber; water, and coal.
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By Hazel Jackson