ETF Flows Summary: Global X MSCI Nigeria ETF (NGE) Declines 0.46% for Nov 23

November 23, 2016 - By Ellis Scott   ·   0 Comments

Nov 23 is a negative day so far for Global X MSCI Nigeria ETF (NYSEARCA:NGE) as the ETF is active during the day after losing 0.46% to hit $4.31 per share. The exchange traded fund has 24.50 million net assets and 4.49% volatility this month.

Over the course of the day 1,051 shares traded hands, as compared to an average volume of 93,740 over the last 30 days for Global X MSCI Nigeria ETF (NYSEARCA:NGE).

The ETF is -45.65% of its 52-Week High and 4.22% of its low, and is currently having ATR of 0.19. This year’s performance is -39.03% while this quarter’s performance is -1.95%.

The ETF’s YTD performance is -34.99%, the 1 year is -38.67% and the 3 year is -30.93%.

The ETF’s average P/E ratio is 6.35, the price to book is 1.09, the price to sales is 0.97 and the price to cashflow is 7.05. It was started on 04/03/2013. The fund’s top holdings are: Nigerian Breweries PLC for 18.72% of assets, Guaranty Trust Bank PLC for 10.79%, Nestle Nigeria PLC for 6.95%, Zenith Bank PLC for 6.20%, Unilever Nigeria PLC for 5.12%, Access Bank PLC for 4.44%, Urstadt Biddle Properties Inc. for 4.29%, Dangote Cement PLC for 4.21%, Stanbic IBTC Holdings PLC for 4.21%, Ecobank Transnational Inc for 3.46%. The ETF sector weights are: Basic Materials 8.00%, Consumer Cyclical 3.04%, Financial Services 40.70%, Consumer Defensive 40.94%, Utilities 2.06%, Energy 5.27%. The ETF currently as 6.97% yield.

More notable recent Global X Funds (NYSEARCA:NGE) news were published by: Prnewswire.com which released: “Global X Funds Announces Name and Index Change for SuperDividend Emerging …” on November 16, 2016, also Prnewswire.com with their article: “Global X Funds Announces Reverse Share Splits For Five ETFs” published on November 02, 2015, Prnewswire.com published: “Global X Funds Launches Conscious Companies ETF” on July 12, 2016. More interesting news about Global X Funds (NYSEARCA:NGE) were released by: Prnewswire.com and their article: “Global X Funds to Liquidate China Bond ETF” published on April 04, 2016 as well as Prnewswire.com‘s news article titled: “Global X Funds Announces Launch of MSCI SuperDividend® EAFE ETF” with publication date: November 15, 2016.

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By Ellis Scott

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