SBI Securities Co. Ltd. Acquires Shares of 45,438 iShares Frontier and Select EM ETF (NYSEARCA:FM)

SBI Securities Co. Ltd. bought a new position in shares of iShares Frontier and Select EM ETF (NYSEARCA:FM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 45,438 shares of the exchange traded fund’s stock, valued at approximately $1,233,000. SBI Securities Co. Ltd. owned approximately 0.31% of iShares Frontier and Select EM ETF at the end of the most recent quarter.

Separately, JPMorgan Chase & Co. bought a new position in shares of iShares Frontier and Select EM ETF during the third quarter worth about $39,000.

iShares Frontier and Select EM ETF Price Performance

FM stock opened at $27.19 on Tuesday. The stock has a market cap of $403.77 million, a PE ratio of 15.07 and a beta of 0.64. The firm’s 50-day simple moving average is $27.18 and its 200 day simple moving average is $27.42. iShares Frontier and Select EM ETF has a fifty-two week low of $25.72 and a fifty-two week high of $28.86.

iShares Frontier and Select EM ETF 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.