iShares Frontier and Select EM ETF (NYSEARCA:FM) Sets New 52-Week High at $28.73

iShares Frontier and Select EM ETF (NYSEARCA:FM) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $28.73 and last traded at $28.72, with a volume of 33731 shares traded. The stock had previously closed at $28.62.

iShares Frontier and Select EM ETF Trading Up 0.1 %

The stock has a market cap of $694.76 million, a P/E ratio of 8.88 and a beta of 0.68. The business’s fifty day simple moving average is $26.95 and its 200 day simple moving average is $26.44.

Hedge Funds Weigh In On iShares Frontier and Select EM ETF

Large investors have recently made changes to their positions in the company. Aspect Partners LLC bought a new stake in shares of iShares Frontier and Select EM ETF during the 4th quarter valued at $227,000. City of London Investment Management Co. Ltd. lifted its stake in iShares Frontier and Select EM ETF by 3.9% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 94,000 shares of the exchange traded fund’s stock valued at $2,472,000 after buying an additional 3,500 shares during the period. Bear Mountain Capital Inc. acquired a new position in shares of iShares Frontier and Select EM ETF during the 4th quarter worth about $36,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of iShares Frontier and Select EM ETF by 15.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 10,625 shares of the exchange traded fund’s stock valued at $275,000 after acquiring an additional 1,441 shares during the last quarter. Finally, Heartwood Wealth Advisors LLC boosted its stake in iShares Frontier and Select EM ETF by 1.9% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 28,185 shares of the exchange traded fund’s stock worth $731,000 after acquiring an additional 525 shares during the last quarter.

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.