Madison Asset Management LLC Has $35.21 Million Position in iShares MSCI Emerging Markets Asia ETF $EEMA

Madison Asset Management LLC cut its holdings in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 6.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 367,824 shares of the company’s stock after selling 24,816 shares during the quarter. Madison Asset Management LLC owned approximately 3.09% of iShares MSCI Emerging Markets Asia ETF worth $35,214,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Financial LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF during the 4th quarter worth about $41,000. Private Trust Co. NA increased its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% in the fourth quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after purchasing an additional 515 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 1.8% in the fourth quarter. JPMorgan Chase & Co. now owns 41,983 shares of the company’s stock valued at $3,947,000 after purchasing an additional 734 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in iShares MSCI Emerging Markets Asia ETF by 76.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock worth $287,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC bought a new position in iShares MSCI Emerging Markets Asia ETF in the 4th quarter worth approximately $2,196,000.

iShares MSCI Emerging Markets Asia ETF Stock Performance

NASDAQ:EEMA opened at $110.23 on Tuesday. The company has a market cap of $826.73 million, a price-to-earnings ratio of 15.31 and a beta of 0.73. The stock’s fifty day moving average price is $115.14 and its two-hundred day moving average price is $106.45. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $82.42 and a 52-week high of $122.73.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.3388 per share. The ex-dividend date of this dividend was Monday, June 15th.

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.