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, traded at its 280-day high of EUR1,196.30.
The ETF price has increased EUR12.80 (or 1.1%) from its last trading session of November 26 to close at EUR1,196.30. Compared with the Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] which rose 6.1 points (0.1%) in the day, the relative price increase was 1.0%.
Its MCap is EUR9.7 billion ($11.6 billion).
The volume was 0.2 times the average daily trading of 144,539 units.
|IMIB||Today||1 Day ago||Week ago||Month ago|
|MSCI UNITED KINGDOM||10,645.46||10,639.36||10,616.69||9,527.7|
THE PAST WEEK [Price up 2.6% to EUR1,183.50]
In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day.
|DAY||Headline||Close price [EUR]||Price Change %||Comment|
|Nov 26||(IMIB:EUR1,183.50) decreases on low volume||1,183.5||-0.13||Steepest Fall|
|Nov 25||(IMIB:EUR1,185.0) in 4th consecutive rise, nears a 13-month high||1,185||0.79|
|Nov 24||(IMIB:EUR1,175.70) in 3rd consecutive rise, nears a 13-month high||1,175.7||1.9||Top Rise|
|Nov 23||(IMIB:EUR1,153.80) increases on weak volume||1,153.8||0.04|
ISHARES FTSE MIB UCITS ETF EUR (DIST) BULLISH SIGNALS
Uptrend: The ETF rose 1.1% on high volatility today and expanding price range.
+ Rises to Falls: in the past month the number of rises outnumbered falls 16:7 or 2.3:1.
+ 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 ETF's relative price strength percentile is rising at 73 for 6 months, 80 for 3 months and 92 for 1 month.
+ The present value of EUR1,000 (PV1000) invested five years ago in iShares FTSE MIB UCITS ETF EUR (Dist) is EUR1,265, including a capital gain of EUR264 and dividend reinvested of 50c.
+ 5 years Multiplier in EUR = 1.265x
+ Compound Annual Growth Rate (CAGR) in EUR = 4.8%
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 $1,179, including a capital gain of $179 and dividend reinvested of 47c.
+ 5 years ago EUR 1 equalled USD 1.2792
+ 5 years Multiplier in USD = 1.179x
+ Compound Annual Growth Rate (CAGR) in USD = 3.4%
1.2 High Performance Indicators:
|Description||Value||Rank In Market|
|Price Change %||1.1||In Top Quartile|
|Price/MAP50||1.1||In Top Quartile|
ISHARES FTSE MIB UCITS ETF EUR (DIST) BEARISH SIGNALS
+ The Relative Strength Index (RSI) of 87.4 has penetrated the overbought line of 70, suggesting the price gain of 6.2% in the last 14 days is unusually high.
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 EUR1,001, for a capital gain of EUR1.
A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International United Kingdom Index [MSCI UNITED KINGDOM] is shown below:
|MSCI UNITED KINGDOM||1,003||1,086||870|
3.2 Performance Indicator:
|Description||Value||Rank In Market|
|Today's Turnover||EUR305,673 ($364,591)||In 2nd Quartile|
3.3 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
|Mon-Fri||Change %||MSCI UNITED KINGDOM Change %||RPC %||Vol Ind [1 is avg]|
3.4 Trailing 3 months
|Volume Index (1 is avg)||0.4|
3.5 Trailing Price Change %
3-Year price change for IMIB was -0.5%. Compared with the Morgan Stanley Capital International World Index [MSCI World] which rose 25.8% in the 3 years, the relative price change was -26.3%.
|Price Change %||Quarter||Year||3 Years|
3.6 Year-on-Year Comparison (Trailing year - ended 30 Oct)
In the past 5 years, IMIB has declined 0.4% from 977.39 to 973.85, an average annual compound fall of 0.1%.
|% Price Change||5.6||37.9||-17.8||-6.4||30.5||13.5|
|Avg Daily Volume||258,222||284,098||864,367||553,400||637,917||475,383|
|Turnover Period||1 yr 54 d||1 yr 2 mo||3 mo||6 mo||8 mo||4 mo|
|Price Range||782.5 - 1,271.8||953.4 - 1,215.8||992.7 - 1,296.4||779.14 - 1,239.55||740.71 - 1,035.45||776.59 - 1,055.99|
In the past 5 years average daily volume has declined 45.7% from 475,383 units to 258,222 units. Turnover period has increased from 4 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 17,527 [VI of 0.2] volume 76.437% of aggregate. Price: EUR13.33.
+ United Kingdom: IMIB.L 5,403 [VI of 0.3] volume 23.563% of aggregate. Price: GBX1,196.30.
+ Aggregate volume: there were 22,930 units of iShares FTSE MIB UCITS ETF EUR (Dist) worth EUR305,673 traded today. The aggregate volume was 0.2 times average trading of 117,000 units.
4.1 Global Rank out of 5,164 ETFs
The present value of $US1,000 invested a year ago is $US1,085, ranking it 1953 out of 5,164 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 88.
|Net Assets (US$)||296.3M||1251||Top|
|Rel Strength 6 Mo (US$)||88||613||Top|
|PV$1000 (1Year) US$*||1,085||1953||Second|
* 1 year ago EUR 1 equalled USD 1.101
Nov 27, 2020: EUR 1 equals USD 1.1927
4.2 Rank in the Total United Kingdom ETF Market [out of 377 ETFs]
|Rel Strength 6 Mon (GBP)||87||49|
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.
iShares FTSE MIB UCITS ETF EUR (Dist) (L:IMIB)
|Inception Date||July 06, 2007|
|Expense Ratio||0.3% of average net assets|
|Asset Class||Equity ETF|
5.3 IMIB ETF Dashboard [traded in Euro, EUR]
|Currency||EUR 1 = USD 1.19|
|Nov 27 close||EUR1,196.30|
|Ave Daily Volume||144,539 units|
|52-Week Range||782.50 - 1,271.80|
|Market Cap||EUR9.7 billion [$11.6 billion]|
5.4 Management Fees
+ The management fee is 0.35% of total assets