iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Trading 0.2% Higher – Here’s What Happened

Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF) were up 0.2% during trading on Thursday . The stock traded as high as $61.57 and last traded at $61.26. Approximately 188,158 shares traded hands during trading, an increase of 27% from the average daily volume of 147,929 shares. The stock had previously closed at $61.11.

iShares Emerging Markets Equity Factor ETF Stock Performance

The company has a market cap of $1.08 billion, a PE ratio of 13.32 and a beta of 0.59. The stock’s 50 day moving average price is $63.11 and its 200-day moving average price is $59.28.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 183.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 72,477 shares of the company’s stock valued at $4,101,000 after acquiring an additional 46,934 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in iShares Emerging Markets Equity Factor ETF by 47.7% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 27,243 shares of the company’s stock valued at $1,541,000 after acquiring an additional 8,798 shares during the period. Financial Freedom LLC grew its position in iShares Emerging Markets Equity Factor ETF by 17.2% during the 2nd quarter. Financial Freedom LLC now owns 14,280 shares of the company’s stock worth $744,000 after acquiring an additional 2,092 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares Emerging Markets Equity Factor ETF by 29.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,808,510 shares of the company’s stock worth $146,239,000 after acquiring an additional 632,394 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in iShares Emerging Markets Equity Factor ETF in the 2nd quarter worth approximately $1,931,000.

About iShares Emerging Markets Equity Factor ETF

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.