This has a little higher yield at about 1.7% and an 8 PE. When you are dealing with a Russian ETF or Russian stocks in general, you don’t get a nice, steady move up and down. He just thinks this is cheap. At 8X PE, something will drive that economy, which will turn it around and cons one of these sharp moves to the upside, in his opinion. Doesn’t think there is much downside risk at this point. Not a long-term hold.
iShares MSCI Russia Capped ETF is a American stock, trading under the symbol ERUS-N on the NYSE Arca (ERUS). It is usually referred to as AMEX:ERUS or ERUS-N
In the last year, there was no coverage of iShares MSCI Russia Capped ETF published on Stockchase.
iShares MSCI Russia Capped ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares MSCI Russia Capped ETF.
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In the last year 0 stock analysts on Stockchase covered iShares MSCI Russia Capped ETF. The stock is worth watching.
On 2022-03-03, iShares MSCI Russia Capped ETF (ERUS-N) stock closed at a price of $8.18.
(Top Pick May 26/14, Down 16.09%) This is pre-Ukraine. But Russia has recovered nicely in the last little while. He got out when Russian got into the Ukraine. He is not sure he would jump right in today.