ETF On Watch: PowerShares Emerging Markets Infras ETF (PXR) Declines 2% for Nov 23

November 23, 2016 - By Louis Casey   ·   0 Comments

Nov 23 is a negative day so far for PowerShares Emerging Markets Infras ETF (NYSEARCA:PXR) as the ETF is active during the day after losing 2% to hit $30.91 per share. The exchange traded fund has 19.12M net assets and 0.82% volatility this month.

Over the course of the day 102 shares traded hands, as compared to an average volume of 3,530 over the last 30 days for PowerShares Emerging Markets Infras ETF (NYSEARCA:PXR).

The ETF is -5.40% of its 52-Week High and 33.13% of its low, and is currently having ATR of 0.4. This year’s performance is 13.17% while this quarter’s performance is -3.93%.

The ETF’s YTD performance is 15.44%, the 1 year is 3.25% and the 3 year is -4.96%.

The ETF’s average P/E ratio is 16.03, the price to book is 1.23, the price to sales is 0.65 and the price to cashflow is 3.25. It was started on 10/17/2008. The fund’s top holdings are: CHINA COMM CONSTR ‘H’CNY1 for 3.10% of assets, CHINA NATIONAL BUI ‘H’CNY1 for 2.82%, SHANGHAI ELECTRIC ‘H’CNY1 for 2.74%, Alstom SA for 2.69%, TAIWAN CEMENT TWD10 for 2.45%, ANHUI CONCH CEMENT ‘H’CNY1 for 2.09%, CHINA SX20 for 2.05%, Caterpillar Inc. Common Stock for 2.05%, ATLAS COPCO AB SER’A’NPV for 2.03%, Metallurgical Corp of China Ltd H for 2.00%. The ETF sector weights are: Basic Materials 44.22%, Consumer Cyclical 2.43%, Utilities 2.35%, Communication Services 1.38%, Industrials 49.06%, Technology 0.57%. The ETF currently as 1.65% yield.

PowerShares Emerging Markets Infrastructure Portfolio is based on the S-Network Emerging Infrastructure Builders Index (the Index). The company has a market cap of $19.12 million. The Index is designed to measure the overall performance of securities of companies involved in infrastructure construction and development in emerging market countries. It currently has negative earnings. Industries include, but are not limited to, construction and engineering, construction machinery, construction materials, diversified metals and mining, heavy electrical equipment, industrial machinery and steel.

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By Louis Casey


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