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

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 2,362 shares, a decline of 99.3% from the May 14th total of 317,649 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 192,484 shares, the short-interest ratio is presently 0.0 days.

iShares Emerging Markets Equity Factor ETF Stock Down 0.0%

EMGF traded down $0.02 during mid-day trading on Tuesday, reaching $70.84. 141,723 shares of the company traded hands, compared to its average volume of 155,486. The stock has a market capitalization of $1.25 billion, a P/E ratio of 13.32 and a beta of 0.59. The company’s fifty day moving average price is $68.54 and its 200-day moving average price is $63.51. iShares Emerging Markets Equity Factor ETF has a 52-week low of $49.87 and a 52-week high of $76.23.

Institutional Investors Weigh In On iShares Emerging Markets Equity Factor ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in iShares Emerging Markets Equity Factor ETF by 38.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,606 shares of the company’s stock valued at $97,000 after buying an additional 445 shares during the last quarter. Worth Asset Management LLC purchased a new stake in iShares Emerging Markets Equity Factor ETF during the 1st quarter valued at $506,000. Captrust Financial Advisors grew 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 period. Hirtle Callaghan & Co LLC grew 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 period. Finally, Kickstand Ventures LLC. grew 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 valued at $1,303,000 after acquiring an additional 158 shares during the period.

About iShares Emerging Markets Equity Factor ETF

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.