Flows Buzzer: The Net Flows Of iShares MSCI EMU Index (ETF) Point to $-398.10M Redemptions Following -5.38% AUM Decrease


Flows Buzzer: The Net Flows Of iShares MSCI EMU Index (ETF) Point to $ 398.10M Redemptions Following  5.38% AUM Decrease

Today were released iShares MSCI EMU Index (ETF) (BATS:EZU)‘s weekly net flows. The ETF registered $-398.10M weekly asset outflows for -5.38% decrease, reaching $7007.91M last week. The chart of iShares MSCI EMU Index (ETF) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.39% or $0.13 on October 14, hitting $33.75. iShares MSCI EMU Index (ETF) (BATS:EZU) has declined 1.66% since March 14, 2016 and is downtrending. It has underperformed by 7.27% the S&P500.

The ETF’s YTD performance is 0.88%, the 1 year is 3.17% and the 3 year is -0.54%.

The ETF’s average P/E ratio is 15.02, the price to book is 1.4, the price to sales is 0.87 and the price to cashflow is 4.9. iShares MSCI EMU Index (ETF) 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: Total SA for 2.82% of assets, ANHEUSER-BUSCH INBEV for 2.81%, Siemens AG for 2.39%, SAP SE for 2.39%, Sanofi SA for 2.36%, Bayer AG for 2.22%, Basf SE for 2.10%, UNILEVER NV CERT SHS for 2.01%, Daimler AG for 1.81%, Allianz SE for 1.81%. The ETF sector weights are: Basic Materials 9.27%, Consumer Cyclical 14.18%, Financial Services 16.81%, Realestate 2.14%, Consumer Defensive 12.36%, Healthcare 7.83%, Utilities 5.17%, Communication Services 5.21%, Energy 4.95%, Industrials 13.66%, Technology 8.43%. The ETF currently as 0% yield.

More notable recent iShares MSCI EMU Index (ETF) (BATS:EZU) news were published by: Benzinga.com which released: “Should Greece And Another Round Of The European Debt Crisis Be On Your Radar?” on January 06, 2015, also Marketwatch.com with their article: “iShares MSCI Eurozone ETF” published on June 16, 2010, Benzinga.com published: “New ETFs Answer Currency Hedging Questions” on January 08, 2016. More interesting news about iShares MSCI EMU Index (ETF) (BATS:EZU) were released by: Benzinga.com and their article: “Europe, The Small-Cap ETF Way” published on February 11, 2013 as well as Thestreet.com‘s news article titled: “Top 10 Eurozone ETFs” with publication date: November 16, 2011.

EZU Company Profile

iShares MSCI EMU Index Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index (the Index). The Index seeks to measure the performance of the equity market of the EMU member countries, which includes those members of the European Union who have adopted the Euro as its currency. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization. Component companies are adjusted for available float and must meet objective criteria for inclusion in the Index. The Index is reviewed quarterly.

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