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SLMA

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    9.5925$
  • Previous Close
    9.4722$
  • 52 Week Change
    --
  • Day Range
    0.12$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The ETF with the symbol SLMA.XETRA refers to the iShares MSCI World Momentum Factor UCITS ETF. This ETF tracks an index composed of developed market companies exhibiting relatively high price momentum. It is designed to provide investors with exposure to stocks that have shown strong upward price trends within the MSCI World index. The ETF is listed on the XETRA exchange, which is part of the Deutsche Börse Group, and is denominated in EUR. Investors seeking to capitalize on the momentum factor in global developed markets often utilize this ETF.
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Factors

The factors that affect the price of SLMA.XETRA ETFs are primarily: Supply and Demand: Increased demand pushes prices up, while increased supply pushes them down.

Underlying Asset Performance: The performance of the securities held within the ETF portfolio directly influences its price.

Interest Rates: Changes in interest rates can affect bond yields and corporate valuations, impacting the ETF's holdings.

Market Sentiment: Overall investor optimism or pessimism can drive buying or selling pressure, affecting the ETF price.

Expense Ratio: Higher expense ratios can reduce returns and make the ETF less attractive, potentially impacting its price.

Index Tracking: How closely the ETF tracks its benchmark index affects its attractiveness and, consequently, its price.

Currency Fluctuations: For ETFs holding international assets, currency fluctuations can affect the ETF's price when converted back to the base currency.

Liquidity: The ease with which ETF shares can be bought or sold affects pricing; lower liquidity can lead to wider bid-ask spreads.

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