iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Stock Price Up 0.6% – Here’s Why

Shares of iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) were up 0.6% during mid-day trading on Monday . The company traded as high as $66.71 and last traded at $66.69. Approximately 15,518 shares traded hands during trading, a decline of 40% from the average daily volume of 25,965 shares. The stock had previously closed at $66.32.

iShares MSCI Emerging Markets Small-Cap ETF Stock Up 0.6%

The firm has a market capitalization of $393.47 million, a price-to-earnings ratio of 15.93 and a beta of 0.72. The stock’s 50-day moving average price is $67.94 and its 200 day moving average price is $66.55.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Small-Cap ETF

Institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF in the third quarter valued at approximately $114,000. NewEdge Advisors LLC raised its stake in iShares MSCI Emerging Markets Small-Cap ETF by 21.2% in the second quarter. NewEdge Advisors LLC now owns 2,000 shares of the company’s stock valued at $130,000 after buying an additional 350 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares MSCI Emerging Markets Small-Cap ETF during the 2nd quarter worth about $227,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Emerging Markets Small-Cap ETF by 261.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,866 shares of the company’s stock worth $316,000 after buying an additional 3,519 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in iShares MSCI Emerging Markets Small-Cap ETF by 28.4% in the third quarter. Jones Financial Companies Lllp now owns 7,002 shares of the company’s stock valued at $470,000 after acquiring an additional 1,550 shares during the last quarter.

About iShares MSCI Emerging Markets Small-Cap ETF

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.