iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Reaches New 52-Week High – What’s Next?

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $103.33 and last traded at $103.1210, with a volume of 10285 shares trading hands. The stock had previously closed at $102.86.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.4%

The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 15.31 and a beta of 0.60. The stock’s fifty day moving average price is $96.59 and its two-hundred day moving average price is $92.57.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a dividend of $1.2044 per share. This represents a dividend yield of 266.0%. The ex-dividend date was Tuesday, December 16th.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

Several institutional investors and hedge funds have recently bought and sold shares of EEMA. Twin Peaks Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter valued at $26,000. Cary Street Partners Financial LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF in the 4th quarter worth $41,000. Private Trust Co. NA lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 226.9% in the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after buying an additional 515 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in iShares MSCI Emerging Markets Asia ETF by 27.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after buying an additional 162 shares during the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at approximately $143,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.