The investment seeks to track the investment results of the MSCI Emerging Markets ex China Index (the "underlying index"). The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is a free float-adjusted market capitalization weighted index that captures large- and mid-capitalization stocks across 25 of the 26 Emerging Markets countries, excluding China.
IPO Year: n/a
Exchange: NASDAQ
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Class action attempts since late 2023 and a Russian court seizing $21 million of billionaire CEO Timur Turlov's assets kept Freedom Holding bearish so far. Momentum indicators have massively improved, and solid earnings could move the stock closer to the MSCI emerging market index this summer. When one thinks of emerging market stocks, few consider that faraway Central Asian nation, Kazakhstan, the place billionaire Timur Turlov calls home. But this year, a Kazakh e-commerce platform called Kaspi.Kz (KSPI) made its debut on the Nasdaq at $95.97 a share on January 19. It reached a peak of $135.14 and is now around $118 per share with a 6.16% dividend yield; unheard of for most new tech s
Following deep losses in 2022, many emerging market assets were at bargain valuations and the recovery began in late 2022, driven by tech stocks such as Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Samsung Electronics Co (OTC:SSNLF). Emerging market equities — particularly in the manufactured goods sectors — are deeply tied to the cyclical performance of the U.S. economy, relying on exports to the world’s biggest consumer market. The iShares Core MSCI Emerging Markets ETF (NYSE:IEMG), an exchange traded fund that includes both TSMC and Samsung among its top holdings, hit a record-high close of $70 in February 2021 as the clamor for new tech from COVID-19 lockdown-restricted U.
Are Chinese stocks and the broader emerging markets an attractive investment opportunity, or do they represent a value trap? This question becomes even more pressing given the divergent performances and economic signals emanating from China and other emerging economies. The onset of 2023 brought with it high hopes from financial giants like Goldman Sachs, with strategists like Kinger Lau leading a chorus of Wall Street voices in predicting a robust rally in China’s stock market. Analysts speculated that the termination of China’s stringent Covid-19 measures would catalyze a swift economic rebound. However, as reported by Bloomberg, the anticipated economic resurgence took an unexpec
On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said he is staying long on Invitation Homes Inc. (NYSE:INVH). Invitation Homes reported better-than-expected sales results for its third quarter and revised its FY23 core FFO per share guidance. Jenny Harrington of Gilman Hill Asset Management said Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has an 8.5% dividend yield. Sabra Health Care recently posted stronger-than-expected sales for its third quarter. Don’t forget to check out our premarket coverage here Liz Young of BNY Mellon Investment Management named iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) as her final trade. Joseph Terr
The Office of West Virginia Representative Carol Miller has reported a purchase of iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) stock on November 9, 2023. According to the Periodic Transaction Report the transaction was placed on November 9, 2023. What Happened: A recent report from the House of Representatives Clerk's Office on November 9, 2023 reveals that Miller made a purchase of iShares MSCI Emerging Markets ex China ETF stock valued between $65,002 - $150,000. iShares MSCI Emerging Markets ex China ETF shares are trading up 1.35% at $51.0 at the time of writing. The Importance of Congressional Transactions Congressional transactions shouldn't be used primarily to make an in
We performed a screening of mid-cap ETFs, defined as having Assets Under Management (AUM) between $2 billion and $10 billion – to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners iShares Russell Top 200 Growth ETF (NYSE:IWY) IWY added $526.63 million in AUM over the trailing week. The iShares Russell Top 200 Growth ETF tracks the Russell Top 200 Growth Index, offering exposure to large-cap companies within the growth sector of the U.S. equity market. IWY has $7.36 billion in AUM and an expense ratio of 0.20%. The fund has holdings in 112 companies, with the 10 la
We performed a screening of medium-cap ETFs - defined as having Assets Under Management (AUM) between $2 billion and $10 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners PGIM Ultra Short Bond ETF (NYSE:PULS) PULS added $522.56 million in AUM over the trailing week. The PGIM Ultra Short Bond ETF offers exposure to the shorter end of the corporate bond maturity market. The fund has $5.14 billion in AUM and an expense ratio of 0.15%. PULS has added $1.23 million in AUM, YTD. iShares MSCI Emerging Markets ex China ETF (NYSE:EMXC) EMXC added $266.11 million in AUM over