iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Short Interest Update

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 317,649 shares, a growth of 443.4% from the April 30th total of 58,453 shares. Currently, 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 134,654 shares, the short-interest ratio is presently 2.4 days.

Institutional Investors Weigh In On iShares Emerging Markets Equity Factor ETF

Several large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in iShares Emerging Markets Equity Factor ETF by 19.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,364,071 shares of the company’s stock worth $190,339,000 after acquiring an additional 555,561 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares Emerging Markets Equity Factor ETF by 50.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 820,956 shares of the company’s stock worth $46,484,000 after acquiring an additional 276,482 shares during the last quarter. Farther Finance Advisors LLC increased 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 worth $4,632,000 after acquiring an additional 7,593 shares during the last quarter. Captrust Financial Advisors increased its holdings in iShares Emerging Markets Equity Factor ETF by 13.0% in the 2nd quarter. Captrust Financial Advisors now owns 40,720 shares of the company’s stock worth $2,120,000 after acquiring an additional 4,686 shares during the last quarter. Finally, Kickstand Ventures LLC. increased its holdings in iShares Emerging Markets Equity Factor ETF by 0.7% in the 4th quarter. Kickstand Ventures LLC. now owns 22,519 shares of the company’s stock worth $1,303,000 after acquiring an additional 158 shares during the last quarter.

iShares Emerging Markets Equity Factor ETF Price Performance

Shares of BATS:EMGF traded down $0.24 during trading on Friday, reaching $73.50. 164,184 shares of the stock were exchanged, compared to its average volume of 152,568. iShares Emerging Markets Equity Factor ETF has a 1-year low of $49.11 and a 1-year high of $74.23. The stock has a fifty day moving average of $66.69 and a two-hundred day moving average of $62.73. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59.

iShares Emerging Markets Equity Factor ETF Company 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.