iShares Frontier and Select EM ETF (NYSEARCA:FM) Stock Price Pass Below Two Hundred Day Moving Average of $27.83

iShares Frontier and Select EM ETF (NYSEARCA:FM)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.83 and traded as low as $27.47. iShares Frontier and Select EM ETF shares last traded at $27.50, with a volume of 61,115 shares traded.

iShares Frontier and Select EM ETF Trading Down 0.1 %

The stock has a market capitalization of $408.38 million, a P/E ratio of 9.35 and a beta of 0.64. The business has a 50-day moving average price of $27.60 and a two-hundred day moving average price of $27.83.

Hedge Funds Weigh In On iShares Frontier and Select EM ETF

Several hedge funds and other institutional investors have recently modified their holdings of FM. Aspect Partners LLC bought a new stake in shares of iShares Frontier and Select EM ETF during the 4th quarter valued at approximately $227,000. Gould Asset Management LLC CA acquired a new position in shares of iShares Frontier and Select EM ETF during the first quarter worth $203,000. City of London Investment Management Co. Ltd. lifted its stake in shares of iShares Frontier and Select EM ETF by 3.2% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 97,000 shares of the exchange traded fund’s stock valued at $2,779,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC grew its position in iShares Frontier and Select EM ETF by 4.1% during the 1st quarter. Heartwood Wealth Advisors LLC now owns 29,329 shares of the exchange traded fund’s stock worth $840,000 after acquiring an additional 1,144 shares during the last quarter.

About iShares Frontier and Select EM ETF

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.