iShares Frontier and Select EM ETF (NYSEARCA:FM) Shares Pass Below 200-Day Moving Average – Time to Sell?

iShares Frontier and Select EM ETF (NYSEARCA:FM) shares passed 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 Stock Down 0.4 %

The firm has a market capitalization of $403.03 million, a P/E ratio of 9.35 and a beta of 0.64. The business’s 50 day moving average is $27.51 and its two-hundred day moving average is $27.57.

Institutional Inflows and Outflows

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

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.