Private Ocean LLC Acquires Shares of 1,961 iShares MSCI Frontier 100 ETF (NYSEARCA:FM)

Private Ocean LLC acquired a new stake in shares of iShares MSCI Frontier 100 ETF (NYSEARCA:FM) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,961 shares of the exchange traded fund’s stock, valued at approximately $56,000.

A number of other institutional investors have also recently bought and sold shares of the business. Valeo Financial Advisors LLC bought a new stake in shares of iShares MSCI Frontier 100 ETF in the 3rd quarter worth approximately $25,000. Usca Ria LLC bought a new position in iShares MSCI Frontier 100 ETF in the 3rd quarter valued at approximately $135,000. CX Institutional lifted its position in iShares MSCI Frontier 100 ETF by 49.9% in the 2nd quarter. CX Institutional now owns 11,590 shares of the exchange traded fund’s stock valued at $343,000 after acquiring an additional 3,860 shares in the last quarter. Ellevest Inc. lifted its position in iShares MSCI Frontier 100 ETF by 2.7% in the 2nd quarter. Ellevest Inc. now owns 15,021 shares of the exchange traded fund’s stock valued at $445,000 after acquiring an additional 394 shares in the last quarter. Finally, Grimes & Company Inc. bought a new position in iShares MSCI Frontier 100 ETF in the 2nd quarter valued at approximately $479,000.

Shares of NYSEARCA:FM traded down $0.06 during midday trading on Friday, hitting $28.48. The company had a trading volume of 77,993 shares, compared to its average volume of 106,330. iShares MSCI Frontier 100 ETF has a 12-month low of $25.80 and a 12-month high of $30.49. The company has a fifty day moving average of $28.18 and a two-hundred day moving average of $28.87.

Separately, TD Securities upped their price objective on iShares MSCI Frontier 100 ETF from $12.00 to $13.50 and gave the company a “hold” rating in a research report on Wednesday, October 23rd.

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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