SRS Capital Advisors Inc. Trims Stake in iShares MSCI Frontier 100 ETF (FM)

SRS Capital Advisors Inc. cut its stake in shares of iShares MSCI Frontier 100 ETF (NYSEARCA:FM) by 88.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,873 shares of the exchange traded fund’s stock after selling 175,523 shares during the quarter. iShares MSCI Frontier 100 ETF makes up approximately 0.4% of SRS Capital Advisors Inc.’s holdings, making the stock its 25th biggest position. SRS Capital Advisors Inc.’s holdings in iShares MSCI Frontier 100 ETF were worth $838,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of FM. Niemann Capital Management Inc. purchased a new stake in shares of iShares MSCI Frontier 100 ETF during the 4th quarter worth approximately $3,495,000. City of London Investment Management Co. Ltd. raised its holdings in shares of iShares MSCI Frontier 100 ETF by 15.4% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 255,000 shares of the exchange traded fund’s stock worth $8,961,000 after acquiring an additional 33,966 shares in the last quarter. Lake Street Advisors Group LLC purchased a new stake in shares of iShares MSCI Frontier 100 ETF during the 4th quarter worth approximately $956,000. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Frontier 100 ETF during the 4th quarter worth approximately $313,000. Finally, IFP Advisors Inc raised its holdings in iShares MSCI Frontier 100 ETF by 622.5% during the 1st quarter. IFP Advisors Inc now owns 10,852 shares of the exchange traded fund’s stock valued at $381,000 after buying an additional 9,350 shares during the period.

FM stock opened at $31.54 on Thursday. iShares MSCI Frontier 100 ETF has a twelve month low of $28.35 and a twelve month high of $36.19.

iShares MSCI Frontier 100 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.

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Institutional Ownership by Quarter for iShares MSCI Frontier 100 ETF (NYSEARCA:FM)

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