Navellier & Associates Inc. Buys New Position in iShares Emerging Markets Equity Factor ETF $EMGF

Navellier & Associates Inc. purchased a new position in shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,863 shares of the company’s stock, valued at approximately $1,666,000. Navellier & Associates Inc. owned about 0.10% of iShares Emerging Markets Equity Factor ETF at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Hirtle Callaghan & Co LLC lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 1.7% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after buying an additional 350 shares during the period. Captrust Financial Advisors grew its stake in 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 worth $1,084,000 after acquiring an additional 398 shares during the period. EverSource Wealth Advisors LLC raised its holdings in iShares Emerging Markets Equity Factor ETF by 38.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,606 shares of the company’s stock valued at $97,000 after acquiring an additional 445 shares during the last quarter. Worth Asset Management LLC raised its holdings in iShares Emerging Markets Equity Factor ETF by 7.8% in the 2nd quarter. Worth Asset Management LLC now owns 9,028 shares of the company’s stock valued at $661,000 after acquiring an additional 650 shares during the last quarter. Finally, First Citizens Financial Corp lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 13.7% during the 2nd quarter. First Citizens Financial Corp now owns 25,985 shares of the company’s stock worth $1,904,000 after purchasing an additional 3,129 shares during the period.

iShares Emerging Markets Equity Factor ETF Stock Down 0.5%

EMGF stock opened at $72.04 on Friday. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59. iShares Emerging Markets Equity Factor ETF has a 52-week low of $53.04 and a 52-week high of $76.58. The stock’s fifty day simple moving average is $70.42 and its 200-day simple moving average is $68.16.

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.