December 1, 2016 - By Adrian Mccoy · 0 Comments
Dec 1 is a negative day so far for BLDRS Emerging Markets 50 ADR ETF (NASDAQ:ADRE) as the ETF is active during the day after losing 2.25% to hit $32.65 per share. The exchange traded fund has 121.72 million net assets and 1.04% volatility this month.
Over the course of the day 5,428 shares traded hands, as compared to an average volume of 7,910 over the last 30 days for BLDRS Emerging Markets 50 ADR ETF (NASDAQ:ADRE).
The ETF is -9.39% of its 52-Week High and 33.89% of its low, and is currently having ATR of 0.55. This year’s performance is 14.46% while this quarter’s performance is -4.80%.
The ETF’s YTD performance is 23.05%, the 1 year is 16.66% and the 3 year is -0.41%.
The ETF’s average P/E ratio is 14.62, the price to book is 1.47, the price to sales is 1.3 and the price to cashflow is 5.08. It was started on 11/14/2002. The fund’s top holdings are: Taiwan Semiconductor Manufacturing Co Ltd ADR for 12.02% of assets, Alibaba Group Holding Limited A for 11.82%, China Mobile Limited Common Sto for 6.55%, Baidu Inc. – American Deposita for 4.96%, Itau Unibanco Holding SA ADR for 3.91%, INFOSYS LTD. for 3.15%, HDFC Bank Ltd ADR for 3.04%, Bank Bradesco SA ADR for 2.99%, Ambev SA ADR for 2.68%, JD.com Inc. – American Deposit for 2.57%. The ETF sector weights are: Basic Materials 4.87%, Consumer Cyclical 16.41%, Financial Services 17.10%, Consumer Defensive 5.79%, Utilities 1.70%, Communication Services 14.60%, Energy 12.21%, Technology 27.32%. The ETF currently as 1.98% yield.
More notable recent BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) news were published by: Fool.com which released: “The Best Emerging Market Stock ETFs” on July 07, 2016, also Benzinga.com with their article: “Backdoor Brazil With These ETFs” published on September 09, 2013, Etftrends.com published: “Best Emerging Market ETFs” on February 22, 2012. More interesting news about BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) were released by: Zacks.com and their article: “Market Welcomes Alibaba First Guidance: ETFs to Ride On” published on June 15, 2016 as well as Nasdaq.com‘s news article titled: “Alibaba Beats But Shares Fall: Should You Buy Its ETFs?” with publication date: January 29, 2016.
BLDRS Emerging Markets 50 ADR Index Fund is an exchange-traded fund based on the BNY Mellon Emerging Markets 50 ADR Index (the Index). The ETF has a market cap of $121.72 million. The Fund normally holds at least 95% of its total assets in Depositary Receipts that comprise the Index. It currently has negative earnings. The Index is capitalization-weighted and designed to track the performance of approximately 50 emerging market depositary receipts.
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By Adrian Mccoy