iShares Frontier and Select EM ETF (NYSEARCA:FM) Share Price Pass Below Two Hundred Day Moving Average – What’s Next?

Shares of iShares Frontier and Select EM ETF (NYSEARCA:FM) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.57 and traded as low as $27.10. iShares Frontier and Select EM ETF shares last traded at $27.14, with a volume of 124,307 shares changing hands.

iShares Frontier and Select EM ETF Trading Down 0.2 %

The firm has a 50 day moving average price of $27.50 and a 200-day moving average price of $27.57. The firm has a market cap of $402.29 million, a price-to-earnings ratio of 9.35 and a beta of 0.64.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Frontier and Select EM ETF stock. JPMorgan Chase & Co. bought a new stake in iShares Frontier and Select EM ETF (NYSEARCA:FM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,400 shares of the exchange traded fund’s stock, valued at approximately $39,000.

iShares Frontier and Select EM ETF Company Profile

The iShares MSCI Frontier 100 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Frontier Markets 100 Index (the Underlying Index). The Fund will concentrate its investments (that is, hold 25% or more of its total assets) in a particular industry or group of industries, which may include large-, mid- or small-capitalization companies, to approximately the same extent that the Underlying Index is concentrated.