iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Trading 0.4% Higher – Here’s What Happened

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s stock price traded up 0.4% on Wednesday . The company traded as high as $116.87 and last traded at $116.57. 35,143 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 198,267 shares. The stock had previously closed at $116.10.

iShares MSCI Emerging Markets Asia ETF Stock Performance

The firm’s fifty day moving average price is $114.05 and its 200 day moving average price is $109.30. The firm has a market cap of $879 million, a P/E ratio of 15.31 and a beta of 0.74.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

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

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds have recently made changes to their positions in EEMA. Cary Street Partners Financial LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF in the fourth quarter valued at about $41,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 1.8% during the fourth quarter. JPMorgan Chase & Co. now owns 41,983 shares of the company’s stock valued at $3,947,000 after buying an additional 734 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of 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 valued at $287,000 after buying an additional 1,323 shares in the last quarter. Cary Street Partners Investment Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 4th quarter valued at about $2,196,000. Finally, BNP Paribas Financial Markets grew its position in shares of iShares MSCI Emerging Markets Asia ETF by 166.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock worth $4,468,000 after buying an additional 30,420 shares during the last quarter.

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.