iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Volume Increase – What’s Next?

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw unusually-strong trading volume on Friday . Approximately 197,516 shares traded hands during mid-day trading, an increase of 129% from the previous session’s volume of 86,366 shares.The stock last traded at $103.3980 and had previously closed at $103.70.

iShares MSCI Emerging Markets Asia ETF Trading Down 0.1%

The business’s fifty day moving average is $97.26 and its two-hundred day moving average is $92.86. The company has a market capitalization of $1.75 billion, a PE ratio of 15.31 and a beta of 0.60.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

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