December 1, 2016 - By Hazel Jackson · 0 Comments
Dec 1 is a positive day so far for VanEck Vectors Africa ETF (NYSEARCA:AFK) as the ETF is active during the day after gaining 0.05% to hit $19.44 per share. The exchange traded fund has 75.74M net assets and 1.98% volatility this month.
Over the course of the day 729 shares traded hands, as compared to an average volume of 9,950 over the last 30 days for VanEck Vectors Africa ETF (NYSEARCA:AFK).
The ETF is -12.55% of its 52-Week High and 31.11% of its low, and is currently having ATR of 0.41. This year’s performance is 8.19% while this quarter’s performance is -10.10%.
The ETF’s YTD performance is 15.4%, the 1 year is 3.45% and the 3 year is -11.05%.
The ETF’s average P/E ratio is 13.63, the price to book is 1.52, the price to sales is 2.06 and the price to cashflow is 4. It was started on 7/14/2008. The fund’s top holdings are: COMMERCIAL INTL BK GDR REPR 1 O for 8.66% of assets, Naspers Ltd Class N for 7.56%, Guaranty Trust Bank PLC for 5.80%, Nigerian Breweries PLC for 4.64%, Safaricom Ltd for 4.12%, Tullow Oil PLC for 4.00%, Centamin PLC for 3.82%, Zenith Bank PLC for 3.52%, Attijariwafa Bank SA for 3.51%, MAROC TELECOM MAD6 for 3.15%. The ETF sector weights are: Basic Materials 14.86%, Consumer Cyclical 4.53%, Financial Services 37.72%, Realestate 4.40%, Consumer Defensive 9.67%, Healthcare 1.42%, Communication Services 11.80%, Energy 7.64%, Industrials 0.50%, Technology 7.47%. The ETF currently as 1.82% yield.
More notable recent Market Vectors Africa (ETF) (NYSEARCA:AFK) news were published by: Marketwatch.com which released: “VanEck Vectors Africa Index ETF” on June 16, 2010, also Benzinga.com with their article: “The Definitive Africa ETF Guide” published on May 28, 2012, Bloomberg.com published: “Ride ‘African Lion’ Economies With an ETF” on August 04, 2014. More interesting news about Market Vectors Africa (ETF) (NYSEARCA:AFK) were released by: Etfdailynews.com and their article: “A Tour Around The World Of Emerging Markets” published on January 05, 2016 as well as Benzinga.com‘s news article titled: “A Look At 3 Ebola And African-Related ETFs” with publication date: October 14, 2014.
Market Vectors Africa Index ETF seeks to replicate as closely as possible the price and yield performance of the Dow Jones Africa Titans 50 Index (the Index). The ETF has a market cap of $75.74 million. The Index is a rules-based, modified capitalization-weighted, float-adjusted index consisting of publicly traded companies that are headquartered in Africa or that generate the majority of their revenues in Africa. It currently has negative earnings. The Index is calculated by Dow Jones Indexes.
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By Hazel Jackson