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UIME

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1d
1w
1m

Analysis and statistics

  • Open
    55.1789$
  • Previous Close
    54.4852$
  • 52 Week Change
    --
  • Day Range
    0.69$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

UIME.F is the ticker symbol for the iShares MSCI USA Momentum Factor UCITS ETF (Acc), which is listed on the Frankfurt Stock Exchange (F). This ETF aims to track the investment results of an index composed of U.S. equities exhibiting relatively higher momentum characteristics. Specifically, it targets companies that have demonstrated strong price performance over the past 6 to 12 months. The ETF is accumulating, meaning that income (like dividends) is reinvested back into the fund, rather than being distributed to investors. It provides exposure to the US equity market with a focus on companies exhibiting momentum.
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Factors

Underlying Index Performance: The price of UIME.F, tracking the MSCI Mexico IMI 25/50, is heavily influenced by the performance of the index's constituent Mexican stocks.

Supply and Demand: Market dynamics where high demand drives prices up, and increased selling pressure leads to price declines, directly impact UIME.F shares.

Currency Exchange Rates: Fluctuations in the MXN/USD exchange rate affect the ETF's price since the underlying assets are Mexican and the ETF trades in USD.

Investor Sentiment: Overall positive or negative feelings toward Mexican equities influence buying and selling decisions of UIME.F.

Expense Ratio: The ETF's management fee, deducted from its assets, subtly impacts returns and the attractiveness of UIME.F compared to similar products.

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