Flows Coverage: Guggenheim China Real Estate ETF (TAO) Declines 0.38% for Nov 25

November 25, 2016 - By Peter Erickson   ·   0 Comments

Nov 25 is a negative day so far for Guggenheim China Real Estate ETF (NYSEARCA:TAO) as the ETF is active during the day after losing 0.38% to hit $20.88 per share. The exchange traded fund has 12.85M net assets and 1.19% volatility this month.

Over the course of the day 1,563 shares traded hands, as compared to an average volume of 52,090 over the last 30 days for Guggenheim China Real Estate ETF (NYSEARCA:TAO).

The ETF is -12.29% of its 52-Week High and 29.88% of its low, and is currently having ATR of 0.33. This year’s performance is 4.49% while this quarter’s performance is -7.26%.

The ETF’s YTD performance is 9.95%, the 1 year is 9.46% and the 3 year is 3.85%.

The ETF’s average P/E ratio is 10.92, the price to book is 0.62, the price to sales is 1.72 and the price to cashflow is 4.65. It was started on 12/18/2007. The fund’s top holdings are: The Wharf (Holdings) Ltd for 6.35% of assets, Sun Hung Kai Properties Ltd for 6.15%, Link Real Estate Investment Trust for 5.95%, Cheung Kong Property Holdings Ltd for 5.63%, Henderson Land Development Co Ltd for 5.11%, HONGKONG LAND HLD ORD USD0.10(B for 4.81%, New World Development Co Ltd for 4.64%, CHINA O/SEAS LAND NPV for 4.58%, CHINA RES LAND HKD0.10 for 4.55%, Swire Pacific Ltd Class A for 3.74%. The ETF sector weights are: Consumer Cyclical 1.58%, Realestate 98.42%. The ETF currently as 4.45% yield.

More notable recent Claymore AlphaShares China Real Est ETF (NYSEARCA:TAO) news were published by: Etfdailynews.com which released: “Getting Involved In Chinese Real Estate With This ETF” on June 05, 2013, also Etfdailynews.com with their article: “Warning: Beware China’s Stock Market Surge [iShares FTSE/Xinhua China 25 Index …” published on May 15, 2015, Seekingalpha.com published: “Why It’s a Great Time to Short Chinese Real Estate” on October 23, 2010. More interesting news about Claymore AlphaShares China Real Est ETF (NYSEARCA:TAO) were released by: Businesswire.com and their article: “Claymore Exchange-Traded Funds Renamed Guggenheim Exchange-Traded Funds” published on September 27, 2010 as well as Etfdailynews.com‘s news article titled: “A Chinese Small-Cap ETF Play On The Country’s Middle Class [iShares FTSE …” with publication date: April 17, 2015.

Guggenheim China Real Estate ETF seeks investment results, which correspond generally to the performance of an equity index called the AlphaShares China Real Estate Index (the Index). The ETF has a market cap of $12.85 million. The Index measures and monitors the performance of the investable universe of publicly traded companies and real estate investment trusts (REITs) deriving their revenues from real estate development, management and/or ownership of property in the People’s Republic of China or the Special Administrative Regions of China, which are Hong Kong and Macau. It currently has negative earnings. The Index may include Hong Kong listed securities, including China H-shares and Red Chips.

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By Peter Erickson

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