NEWS BITES - ETF
iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB), the 2nd largest Exchange Traded Fund by market cap in the United Kingdom, has increased EUR9.50 (or 0.8%) from its last trading session of January 15 to close at EUR1,196.50, ending a two-day streak of losses.
Its MCap is EUR9.7 billion ($11.8 billion).
The volume was 0.6 times the average daily trading of 147,603 units.
THE PAST WEEK [Price down 1.6% to EUR1,187.0]
In the past week the ETF fell on 3 days, and was untraded on 2 days.
| DAY | Headline | Close price [EUR] | Price Change % | Comment |
| Jan 15 | (IMIB:EUR1,187.0) in 2nd consecutive fall, nears one-month low | 1,187 | -1.09 | Steepest Fall |
| Jan 14 | (IMIB:EUR1,200.10) decreases 0.5% on strong volume | 1,200.1 | -0.51 | Top Rise |
| Jan 12 | (IMIB:EUR1,206.30) falls in 4 out of last 5 days | 1,206.3 | -1.03 |
SECTION 1
ISHARES FTSE MIB UCITS ETF EUR (DIST) BULLISH SIGNALS
1.1 Technicals:
+ The 5.9% discount to 12-month high of EUR1,271.80 against the 52.9% premium to 12-month low of EUR782.50 suggests the ETF continues to push for new highs.
+ The present value of EUR1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR1,366, including a capital gain of EUR365 and dividend reinvested of 54c.
+ 5 years Multiplier in EUR = 1.366x
+ Compound Annual Growth Rate (CAGR) in EUR = 6.4%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is $1,304, including a capital gain of $304 and dividend reinvested of 52c.
+ 5 years ago EUR 1 equalled USD 1.2792
+ 5 years Multiplier in USD = 1.304x
+ Compound Annual Growth Rate (CAGR) in USD = 5.5%
1.2 High Performance Indicators:
| Description | Value | Rank In Market |
| % Prem to Vol Wtd Price | 8,837.8 | In Top 1% |
| Price Change % | 0.8 | In Top Quartile |
SECTION 2
ISHARES FTSE MIB UCITS ETF EUR (DIST) BEARISH SIGNALS
Technicals:
+ The price decreased 1.8% in the last week.
SECTION 3
PRICE VOLUME DYNAMICS
3.1 Present Value of EUR1000 invested in the past:
+ The present value of EUR1,000 (PV1000) invested one year ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR985, for a capital loss of EUR15.
A comparison with Morgan Stanley Capital International World Index [MSCI World] is shown below:
| PV1000 | 1-week | 1-month | 1-year |
| IMIB.L | 982 | 1,012 | 985 |
| MSCI World |
3.2 Performance Indicator:
| Description | Value | Rank In Market |
| Today's Turnover | EUR1.2 million ($1.4 million) | In 2nd Quartile |
3.3 Trailing 3 months
| Turnover | $61.7 million |
| Volume | 3,951,609 |
| Volume Index (1 is avg) | 0.4 |
3.4 Trailing Price Change %
| Price Change % | Quarter | Year | 3 Years |
| IMIB | 12.8 | -1.5 | -4.7 |
| MSCI World | - | - | - |
3.5 Year-on-Year Comparison (Trailing year - ended 31 Dec)
In the past 5 years, IMIB has jumped 20.5% from 986.92 to 1,189.7, an average annual compound rise of 3.8%.
| 2020 | 2019 | 2018 | 2017 | 2016 | |
| Close | 1,189.7 | 1,191.9 | 987.95 | 1,166.7 | 986.92 |
| % Price Change | 5.6 | 37.9 | -17.8 | -6.4 | 30.5 |
| Avg Daily Volume | 258,222 | 284,098 | 864,367 | 553,400 | 637,917 |
| VWP | 1,186.23 | 931.85 | 908.02 | 972.14 | 983.58 |
| Turnover Period | 1 yr 54 d | 1 yr 2 mo | 3 mo | 6 mo | 8 mo |
| Price Range | 782.5 - 1,271.8 | 978.3 - 1,243.6 | 953.4 - 1,296.4 | 779.14 - 1,239.55 | 740.71 - 1,110.57 |
In the past 4 years average daily volume has declined 59.5% from 637,917 units to 258,222 units. Turnover period has increased from 8 months to 1 year 54 days. This indicates a larger number of core investors, making a long-term investment safer.
Aggregate Volumes, Prices and Turnover Period:
[Volume Index or VI in brackets; 1 is average]
+ Italy: IMIB.MI 83,561 [VI of 0.8] volume 95.37% of aggregate. Price: EUR13.45.
+ United Kingdom: IMIB.L 4,057 [VI of 0.2] volume 4.63% of aggregate. Price: GBX1,196.50.
+ Aggregate volume: there were 87,618 units of iShares FTSE MIB UCITS ETF EUR (Dist) worth EUR1.2 million traded today. The aggregate volume was 0.7 times average trading of 120,000 units.
SECTION 4
RANKING
4.1 Global Rank out of 5,066 ETFs
The present value of $US1,000 invested a year ago is $US1,079, ranking it 2052 out of 5,066 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 58.
| Description | Value | Rank | Quartile |
| Net Assets (US$) | 302.5M | 1243 | Top |
| Rel Strength 6 Mo (US$) | 58 | 2118 | Second |
| PV$1000 (1Year) US$* | 1,079 | 2052 | Second |
* 1 year ago EUR 1 equalled USD 1.1149
Jan 18, 2021: EUR 1 equals USD 1.2214
4.2 Rank in the Total United Kingdom ETF Market [out of 377 ETFs]
| Description | Value | Rank |
| Rel Strength 6 Mon (GBP) | 51 | 185 |
| PV1000-1Year (GBP) | 985 | 152 |
SECTION 5
PROFILE
5.1 Description
iShares FTSE MIB UCITS ETF EUR (Dist) is an open-end, UCITS compliant exchange traded fund incorporated in Ireland. The Fund tracks the FTSE MIB Index.
5.2 SNAPSHOT
iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB)
ISIN: IE00B1XNH568
| Inception Date | July 06, 2007 |
| Expense Ratio | 0.3% of average net assets |
| Category | Italy Equity |
| Asset Class | Equity ETF |
5.3 IMIB ETF Dashboard [traded in Euro, EUR]
| Currency | EUR 1 = USD 1.22 |
| Jan 18 close | EUR1,196.50 |
| Ave Daily Volume | 147,603 units |
| 52-Week Range (In EUR) | 782.50 - 1,271.80 |
| Units Outstanding | 8,100,000 |
| Market Cap | EUR9.7 billion [$11.8 billion] |
5.4 Management Fees
+ The management fee is 0.35% of total assets
IMIB.L
Source: www.BuySellSignals.com