iShares MSCI Frontier 100 ETF (NYSEARCA:FM) Stock Cross Above 200-Day Moving Average of $0.00

iShares MSCI Frontier 100 ETF (NYSEARCA:FM) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $29.53. iShares MSCI Frontier 100 ETF shares last traded at $29.47, with a volume of 2,432 shares changing hands.

The firm’s fifty day moving average is $28.90.

The company also recently disclosed a semiannual dividend, which was paid on Friday, June 21st. Stockholders of record on Tuesday, June 18th were given a dividend of $0.7928 per share. The ex-dividend date of this dividend was Monday, June 17th. This is a positive change from iShares MSCI Frontier 100 ETF’s previous semiannual dividend of $0.32. This represents a dividend yield of 3.86%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Ellis Investment Partners LLC bought a new position in iShares MSCI Frontier 100 ETF during the 1st quarter worth approximately $43,000. Enterprise Financial Services Corp bought a new position in iShares MSCI Frontier 100 ETF during the 1st quarter worth approximately $157,000. Baldwin Investment Management LLC bought a new position in iShares MSCI Frontier 100 ETF during the 1st quarter worth approximately $213,000. CX Institutional grew its position in iShares MSCI Frontier 100 ETF by 148.9% during the 1st quarter. CX Institutional now owns 7,730 shares of the exchange traded fund’s stock worth $220,000 after acquiring an additional 4,624 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. bought a new position in iShares MSCI Frontier 100 ETF during the 4th quarter worth approximately $1,731,000.

About iShares MSCI Frontier 100 ETF (NYSEARCA:FM)

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.

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