Today were published iShares MSCI Australia Index Fund (ETF)’s daily net flows. The ETF registered $37.23M asset inflows for 2.18% increase, reaching $1745.86M after yestarday’s trading session. The chart of iShares MSCI Australia Index Fund (ETF) shows positive short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The ETF decreased 1.14% or $0.24 on September 29, hitting $20.74. It is down 19.88% since February 26, 2016 and is uptrending. It has outperformed by 9.46% the S&P500.
The ETF’s YTD performance is 8.16%, the 1 year is 13.03% and the 3 year is -0.38%.
The ETF’s average P/E ratio is 18.44, the price to book is 1.77, the price to sales is 2.08 and the price to cashflow is 6.46. iShares MSCI Australia Index Fund (ETF) is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Commonwealth Bank of Australia for 10.33% of assets, Westpac Banking Corp for 8.24%, Australia and New Zealand Banking Group Ltd for 6.58%, National Australia Bank Ltd for 6.07%, BHP Billiton Ltd for 5.50%, CSL Ltd for 4.15%, Wesfarmers Ltd for 4.01%, Woolworths Ltd for 2.54%, Scentre Group for 2.22%, Macquarie Group Ltd for 2.07%. The ETF sector weights are: Basic Materials 12.63%, Consumer Cyclical 3.62%, Financial Services 41.48%, Realestate 10.02%, Consumer Defensive 7.81%, Healthcare 7.10%, Utilities 2.74%, Communication Services 2.26%, Energy 4.76%, Industrials 5.47%, Technology 2.12%. The ETF currently as 0% yield.
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