iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Trading Down 2.1% – Here’s Why

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) shares fell 2.1% on Tuesday . The company traded as low as $25.94 and last traded at $25.99. 506 shares were traded during trading, a decline of 90% from the average daily volume of 5,185 shares. The stock had previously closed at $26.54.

iShares Emerging Markets Infrastructure ETF Stock Down 2.1%

The firm’s 50-day moving average is $27.26 and its 200-day moving average is $28.04. The company has a market cap of $12.99 million, a PE ratio of 10.93 and a beta of 0.45.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.2848 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp bought a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

iShares Emerging Markets Infrastructure ETF Company Profile

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.