iShares Frontier and Select EM ETF (NYSEARCA:FM) Share Price Pass Below Two Hundred Day Moving Average of $26.41

iShares Frontier and Select EM ETF (NYSEARCA:FMGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.41 and traded as low as $26.27. iShares Frontier and Select EM ETF shares last traded at $26.31, with a volume of 209,672 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays decreased their price target on shares of iShares Frontier and Select EM ETF from $28.00 to $25.00 and set an “underweight” rating for the company in a research note on Monday, October 30th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 price objective (down from $42.00) on shares of iShares Frontier and Select EM ETF in a report on Thursday, October 26th. Finally, BMO Capital Markets cut their price objective on shares of iShares Frontier and Select EM ETF from $30.00 to $28.00 and set an “outperform” rating on the stock in a report on Tuesday, November 21st.

View Our Latest Stock Analysis on FM

iShares Frontier and Select EM ETF Stock Performance

The firm has a market capitalization of $638.02 million, a PE ratio of 8.88 and a beta of 0.68. The company has a fifty day simple moving average of $26.36 and a two-hundred day simple moving average of $26.41.

Institutional Trading of iShares Frontier and Select EM ETF

Several institutional investors have recently bought and sold shares of the business. Heartwood Wealth Advisors LLC boosted its stake in iShares Frontier and Select EM ETF by 1.9% during the third quarter. Heartwood Wealth Advisors LLC now owns 28,185 shares of the exchange traded fund’s stock worth $731,000 after buying an additional 525 shares during the last quarter. Robinson Capital Management LLC purchased a new stake in iShares Frontier and Select EM ETF in the first quarter valued at $28,000. Bear Mountain Capital Inc. purchased a new stake in iShares Frontier and Select EM ETF in the fourth quarter valued at $36,000. Almanack Investment Partners LLC. purchased a new stake in shares of iShares Frontier and Select EM ETF in the 3rd quarter valued at $34,000. Finally, Gould Capital LLC raised its holdings in shares of iShares Frontier and Select EM ETF by 1.8% in the 2nd quarter. Gould Capital LLC now owns 78,832 shares of the exchange traded fund’s stock valued at $2,039,000 after buying an additional 1,394 shares during the period.

iShares Frontier and Select EM ETF Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for iShares Frontier and Select EM ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Frontier and Select EM ETF and related companies with MarketBeat.com's FREE daily email newsletter.