iShares MSCI Frontier 100 ETF (NYSEARCA:FM) Stock Price Pass Above Fifty Day Moving Average of $28.29

iShares MSCI Frontier 100 ETF (NYSEARCA:FM) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $28.29 and traded as high as $28.79. iShares MSCI Frontier 100 ETF shares last traded at $28.77, with a volume of 400 shares.

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

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The firm has a 50 day moving average price of $28.32 and a two-hundred day moving average price of $28.88.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Personal Financial Consultants Inc. ADV grew its holdings in iShares MSCI Frontier 100 ETF by 4.4% during the 2nd quarter. Personal Financial Consultants Inc. ADV now owns 222,843 shares of the exchange traded fund’s stock worth $6,601,000 after acquiring an additional 9,333 shares in the last quarter. Symmetry Partners LLC grew its position in iShares MSCI Frontier 100 ETF by 4.7% in the 3rd quarter. Symmetry Partners LLC now owns 82,572 shares of the exchange traded fund’s stock valued at $2,324,000 after acquiring an additional 3,744 shares in the last quarter. Cahill Financial Advisors Inc. grew its position in iShares MSCI Frontier 100 ETF by 6.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 37,851 shares of the exchange traded fund’s stock valued at $1,122,000 after acquiring an additional 2,195 shares in the last quarter. Grimes & Company Inc. acquired a new position in iShares MSCI Frontier 100 ETF in the 2nd quarter valued at about $479,000. Finally, Ellevest Inc. grew 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.

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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