iShares Frontier and Select EM ETF (NYSEARCA:FM) Stock Cross Below Two Hundred Day Moving Average of $27.78

iShares Frontier and Select EM ETF (NYSEARCA:FM) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $27.78 and traded as low as $27.38. iShares Frontier and Select EM ETF shares last traded at $27.38, with a volume of 59,879 shares.

iShares Frontier and Select EM ETF Price Performance

The company has a fifty day moving average price of $27.70 and a two-hundred day moving average price of $27.79. The company has a market capitalization of $407.63 million, a P/E ratio of 9.35 and a beta of 0.64.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. raised its position 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 worth $2,779,000 after acquiring an additional 3,000 shares in the last quarter. Gould Asset Management LLC CA acquired a new stake in shares of iShares Frontier and Select EM ETF during the 1st quarter worth approximately $203,000. Heartwood Wealth Advisors LLC increased its stake in shares of iShares Frontier and Select EM ETF by 4.1% in the 1st quarter. Heartwood Wealth Advisors LLC now owns 29,329 shares of the exchange traded fund’s stock valued at $840,000 after acquiring an additional 1,144 shares in the last quarter. Finally, Aspect Partners LLC acquired a new position in shares of iShares Frontier and Select EM ETF during the fourth quarter valued at about $227,000.

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.