(UAE) iShares MSCI UAE - Ratings and Ratios

The iShares MSCI UAE ETF (NASDAQ:UAE) is designed to provide exposure to the equity market in the United Arab Emirates (UAE). The fund typically invests at least 80% of its assets in securities from the MSCI UAE Index or in investments with similar economic characteristics. This index is crafted to represent the performance of the UAEs equity market, offering investors a targeted way to access this region. The ETF is classified as non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase volatility but also potentially amplify returns. The fund is structured as a U.S.-domiciled ETF, listed on the NASDAQ exchange, and is categorized under the Miscellaneous Region category. It provides investors with a straightforward way to gain exposure to the UAEs equity market dynamics.

From a technical standpoint, the ETF currently trades at $17.30, slightly below its 20-day simple moving average (SMA) of $17.40 but above its 50-day SMA of $17.02. The 200-day SMA stands at $15.21, indicating the fund is in an uptrend over the longer term. The Average True Range (ATR) of 0.19 suggests moderate volatility. Average daily trading volume over the past 20 days is 164,025 shares, reflecting steady liquidity. The funds assets under management (AUM) total $85.27 million, which is relatively modest compared to larger ETFs but sufficient to maintain liquidity for most investors.