Today were published iShares Inc. (NYSEARCA:IEMG)‘s daily net flows. The ETF registered $137.42M asset inflows for 0.79% increase, reaching $17534.50M after yestarday’s trading session. The chart of iShares Inc. shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock decreased 0.07% or $0.03 on October 6, hitting $46.06. It is down 15.32% since March 4, 2016 and is uptrending. It has outperformed by 7.28% the S&P500.
The ETF’s YTD performance is 16.86%, the 1 year is 16.99% and the 3 year is -0.02%.
The ETF’s average P/E ratio is 12.8, the price to book is 1.34, the price to sales is 1.09 and the price to cashflow is 4.18. iShares Inc. is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: TENCENT HOLDINGS LTD for 3.27% of assets, Samsung Electronics Co Ltd for 3.06%, TAIWAN SEMICON MAN TWD10 for 3.02%, Alibaba Group Holding Limited A for 2.51%, Naspers Ltd Class N for 1.59%, CHINA MOBILE HONG KO for 1.57%, CHINA CONSTR BANK for 1.32%, Baidu Inc. for 1.04%, INDUSTRIAL & COMMER for 0.97%, Hon Hai Precision Industry Co Ltd for 0.81%. The ETF sector weights are: Basic Materials 7.71%, Consumer Cyclical 12.42%, Financial Services 21.33%, Realestate 3.64%, Consumer Defensive 7.61%, Healthcare 3.49%, Utilities 2.99%, Communication Services 5.49%, Energy 5.94%, Industrials 6.14%, Technology 23.25%. The ETF currently as 0% yield.
More notable recent iShares Inc. (NYSEARCA:IEMG) news were published by: Etfdailynews.com which released: “BlackRock Slashes Management Fees Across Several Key ETFs” on October 05, 2016, also Benzinga.com with their article: “Why Would Anyone Buy A Negative Yielding Bond? Simple: To Earn A Profit” published on September 09, 2016, Benzinga.com published: “Emerging Markets And Financials: Fast Money Picks For September 14” on September 14, 2016. More interesting news about iShares Inc. (NYSEARCA:IEMG) were released by: Benzinga.com and their article: “A Reason To Say Oui To The France ETF” published on September 29, 2016 as well as Benzinga.com‘s news article titled: “Buy Facebook, Tesla And Japan: Fast Money Picks For September 13” with publication date: September 13, 2016.
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