iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Reaches New 52-Week High – What’s Next?

iShares Emerging Markets Equity Factor ETF (BATS:EMGFGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $73.26 and last traded at $73.11, with a volume of 162391 shares trading hands. The stock had previously closed at $73.04.

iShares Emerging Markets Equity Factor ETF Trading Up 2.4%

The firm has a market cap of $1.27 billion, a P/E ratio of 13.32 and a beta of 0.59. The stock has a 50 day simple moving average of $64.35 and a 200-day simple moving average of $61.67.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the 3rd quarter valued at approximately $43,000. Worth Asset Management LLC bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the 1st quarter valued at approximately $506,000. Captrust Financial Advisors boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 2.2% during the 4th quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after acquiring an additional 398 shares during the last quarter. First Citizens Financial Corp boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 8.4% during the 4th quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock valued at $1,107,000 after acquiring an additional 1,486 shares during the last quarter. Finally, Hirtle Callaghan & Co LLC boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 1.7% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after acquiring an additional 350 shares during the last quarter.

About iShares Emerging Markets Equity Factor ETF

(Get Free Report)

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.

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