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16 September, 2019 (16:00:00 EST)

iShares Core S&P 500 (AU) decreases 0.9% on thin volume


iShares Core S&P 500 (AU) (ASX:IVV), the 3rd largest Exchange Traded Fund by market cap in Australia, has decreased $A4.11 (or 0.9%) from its last trading session of September 13 to close at $A437.84 , ending a two-day streak of rises. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which rose 6.5 points (0.1%) in the day, the relative price change was -1.0%. The volume was 0.7 times the average daily trading of 11,388 units. Its MCap is $A3.2 billion.

IVVToday1 Day agoWeek agoMonth ago
Price, AUD437.84440.94438.68433.54
MSCI AUSTRALIA6,685.16,678.636,630.896,342.62


THE PAST WEEK [Price up 1.2% to $A441.95]
In the past week the ETF rose on 2 days, fell on 2 days and was untraded on 1 day,.
DAYHeadlineClose price [AUD]Price Change %Comment
Sep 13Hits year-high 16th time in three months441.950.23 
Sep 12Hits year-high 15th time in three months440.941.09Top Rise
Sep 11Decreases436.18-0.1 
Sep 10Decreases on weak volume436.62-0.47Steepest Fall


THE PAST QUARTER

iShares Core S&P 500 (AU) gains 4% in past quarter

iShares Core S&P 500 (AU) (AU:IVV), has gained $A17.05 (or 4.1%) in the past quarter to close at $A437.84 today. Compared with the Morgan Stanley Capital International Australia Index which rose 231.9 points (or 3.6%) in the past quarter, this represented a relative price increase of 0.5%.

SECTION 1

ISHARES CORE S&P 500 (AU) BEARISH SIGNALS

1.1 Technicals:
+ The price decreased 0.2% in the last week. The fall has been exacerbated by strong volume of 2.7 times average for the week.
+ The 1.0% discount to 12-month high of $A442.43 against the 29.2% premium to 12-month low of $A338.91 suggests the climb might be peaking.

1.2 Overbought/Bearish/Resistance Signals:
+ The Stochastic indicator of 86.4 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.

1.3 Low Performance Indicators:
DescriptionValueRank In Market
Price Change %-0.9In Bottom Quartile
% Prem to Vol Wtd Price0.4In Bottom Quartile

SECTION 2

ISHARES CORE S&P 500 (AU) BULLISH SIGNALS

2.1 Technicals:
+ The present value of $A1,000 (PV1000) invested one year ago in iShares Core S&P 500 (AU) is $A1,115, comprising a capital gain of $A95 and dividend reinvested of $A20. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
PV$10001-week1-month1-year
IVV.AU9981,0101,115
MSCI World1,0121,0531,018
MSCI AUSTRALIA1,0081,0331,150
+ The present value of AUD1,000 (PV1000) invested three years ago in iShares Core S&P 500 (AU) is $A1,644, including a capital gain of $A581 and dividend reinvested of $A63.
+ 3 years Multiplier in AUD = 1.644x
+ Compound Annual Growth Rate (CAGR) in AUD = 17.8%
Present Value of USD1,000 invested 3 years ago:
+ The present value of USD1,000 (PV1000) invested three years ago in iShares Core S&P 500 (AU) is $US1,514, including a capital gain of $US456 and dividend reinvested of $US58.
+ 3 years ago AUD 1 equalled USD 0.7463
+ 3 years Multiplier in USD = 1.514x
+ Compound Annual Growth Rate (CAGR) in USD = 14.7%

2.2 High Performance Indicators:
DescriptionValueRank In Market
Price to Sales0.9In Top 6%
Price/MAP2001.09In Top Quartile
Volatility %0.3In Top Quartile
Today's Turnover$A3.6 millionIn Top Quartile

SECTION 3

PRICE VOLUME DYNAMICS


3.1 Momentum:
+ Volume: there were 8,134 units worth $A3.6 million traded today. In the past week, volume was 2.7 times average and the units were down 0.2%.

3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
Mon-FriChange %MSCI AUSTRALIA Change %RPC %Vol Ind [1 is avg]
Aug 19-232.920.90.6
Jul 01-052.42.30.11
Jul 22-2621.30.70.7

3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
Mon-FriChange %MSCI AUSTRALIA Change %RPC %Vol Ind [1 is avg]
Aug 12-16-1.7-1.80.12
Jun 24-28-1.7-0.2-1.51.4
Jul 15-19-1-0.1-0.90.8

3.4 Trailing 3 months
TurnoverUS$264.1 million
Volume893,220
Volume Index (1 is avg)1.2

3.5 Trailing Price Change %
3-Year price change of 58.1% for IVV outperformed the change of 29.4% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 28.7%.
Price Change %QuarterYear3 Years
IVV4.19.558.1
MSCI World3.21.829.4

3.6 Moving Annual Return (Past 2 years)
Based on a dynamic start date of 2 years ago, the real rate of return has averaged 22.5%. The Moving Annual Return has consistently exceeded 11%.
IVVClose (AUD)Dividends (AUD)Capital Gain %% YieldAnnual Return %
Sep 16437.847.249.51.811.3
1 Yr ago399.995.6321.833.8

Close 2 years ago $A303.05

3.7 Year-on-Year Comparison (Trailing year - ended 30 Aug)

In the past 3 years, IVV has jumped 57.0% from 279.18 to 438.43 , an average annual compound rise of 16.2%.
 2019201820172016
Close438.43395.79298.61279.18
% Price Change16.416.1  
Avg Daily Volume10,12611,37515,157 
VWP337.72296.78278.91 
Turnover Period226 yrs 3 d199 yrs 16 d736 yrs 10 mo 
Price Range338.91 - 441.23295.45 - 395.89258.31 - 320.03259.9 - 284.96


3.8 Beta:
+ Beta: the Beta is 0.8. A Beta lower than 1 suggests this is a low risk, low return ETF with volatility less than that of the market.

SECTION 4

RANKING

4.1 Global Rank out of 5,034 ETFs
The present value of $US1,000 invested a year ago is $US1,065, ranking it 876 out of 5,034 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 89.
DescriptionValueRankQuartile
Net Assets (US$)104.8B9Top
Rel Strength 6 Mo (US$)89560Top
PV$1000 (1Year) US$*1,065876Top

* 1 year ago AUD 1 equalled USD 0.72
Sep 16, 2019: AUD 1 equals USD 0.6874

4.2 Rank in the Total Australia ETF Market [out of 123 ETFs]
DescriptionValueRank
Rel Strength 6 Mon ($A)7629
PV1000-1Year ($A)1,11560

SECTION 5

PROFILE

5.1 Description
iShares Core S&P 500 ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the S&P 500 Index. It invests in all 500 stocks that comprise the index. The ETF holds predominantly large-cap stocks from U.S companies. It weights the holdings using a market capitalization methodology and rebalances quarterly.

5.2 SNAPSHOT
iShares Core S&P 500 (AU) (ASX:IVV)
ISIN: AU000000IVV8
Inception DateOctober 10, 2007
Expense Ratio0.1% of average net assets
CategoryLarge Caps
Fund Family NameBlackRock
Index TrackedS&P 500
Asset ClassEquity

5.3 Contact details
Websitehttp://www.ishares.com
Physical AddressBlackRock Fund Advisors 400 Howard Street San Francisco, CA 94105 USA.
Phone1-415-670-2000

5.4 ETF Summary
Last$A441.95
Volume127,384
Volume Index (1 is avg)11.2
Market Cap$A3.3 billion [US$2.3 billion]
Day's Range441.36 - 442.43
52-Week Range338.91 - 442.43
Units Outstanding7,407,542
Relative Strength (3 mo)85

5.5 Fund Manager and Management Fees
+ The manager of the ETF is Blackrock. The management fee is 0.07% of total assets

SECTION 6

DIVIDEND

Dividend:2.3
Dividend Date:July 01, 2019
Dividend Yield:1.7%
Annual Dividend:$A7.24
IVV.AX

Source: www.BuySellSignals.com