iShares Edge MSCI Multifactor Emerging Markets ETF (BATS:EMGF) Shares Down 0.6%

iShares Edge MSCI Multifactor Emerging Markets ETF (BATS:EMGF) dropped 0.6% on Monday . The stock traded as low as $41.48 and last traded at $41.78, approximately 9,595 shares traded hands during mid-day trading. The stock had previously closed at $42.03.

The company has a fifty day simple moving average of $40.35 and a two-hundred day simple moving average of $41.64.

Several institutional investors and hedge funds have recently bought and sold shares of EMGF. Steward Partners Investment Advisory LLC purchased a new stake in shares of iShares Edge MSCI Multifactor Emerging Markets ETF during the second quarter valued at approximately $68,000. Janney Montgomery Scott LLC increased its stake in shares of iShares Edge MSCI Multifactor Emerging Markets ETF by 1.5% in the first quarter. Janney Montgomery Scott LLC now owns 24,245 shares of the company’s stock worth $1,036,000 after buying an additional 360 shares during the last quarter. Finally, Phillips Financial Management LLC increased its stake in shares of iShares Edge MSCI Multifactor Emerging Markets ETF by 22.2% in the second quarter. Phillips Financial Management LLC now owns 59,152 shares of the company’s stock worth $2,515,000 after buying an additional 10,741 shares during the last quarter.

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