Worth Asset Management LLC Acquires New Shares in iShares Emerging Markets Equity Factor ETF $EMGF

Worth Asset Management LLC acquired a new position in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,378 shares of the company’s stock, valued at approximately $506,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Captrust Financial Advisors lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 2.2% in the 4th quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after purchasing an additional 398 shares during the last quarter. First Citizens Financial Corp increased 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 worth $1,107,000 after purchasing an additional 1,486 shares during the last quarter. Hirtle Callaghan & Co LLC increased 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 worth $1,233,000 after purchasing an additional 350 shares during the last quarter. Kickstand Ventures LLC. increased its position in shares of iShares Emerging Markets Equity Factor ETF by 0.7% during the 4th quarter. Kickstand Ventures LLC. now owns 22,519 shares of the company’s stock worth $1,303,000 after purchasing an additional 158 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in iShares Emerging Markets Equity Factor ETF by 10.5% in the 4th quarter. Farther Finance Advisors LLC now owns 80,070 shares of the company’s stock valued at $4,632,000 after buying an additional 7,593 shares during the period.

iShares Emerging Markets Equity Factor ETF Price Performance

BATS EMGF opened at $76.28 on Tuesday. The firm’s 50-day moving average is $70.83 and its two-hundred day moving average is $64.58. iShares Emerging Markets Equity Factor ETF has a 12 month low of $49.87 and a 12 month high of $76.58. The stock has a market capitalization of $1.34 billion, a P/E ratio of 13.32 and a beta of 0.59.

iShares Emerging Markets Equity Factor ETF Profile

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.