iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $109.29 and last traded at $109.10, with a volume of 22110 shares. The stock had previously closed at $108.74.
iShares MSCI Emerging Markets Asia ETF Stock Performance
The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 15.31 and a beta of 0.65. The company has a 50-day moving average price of $101.06 and a 200-day moving average price of $97.65.
Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF
Several institutional investors and hedge funds have recently made changes to their positions in EEMA. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 1.8% during the fourth quarter. JPMorgan Chase & Co. now owns 41,983 shares of the company’s stock worth $3,947,000 after acquiring an additional 734 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF during the 4th quarter worth approximately $2,196,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the fourth quarter valued at approximately $41,000. Cullen Frost Bankers Inc. increased its position in shares of iShares MSCI Emerging Markets Asia ETF by 76.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock worth $287,000 after acquiring an additional 1,323 shares in the last quarter. Finally, Private Trust Co. NA increased its position in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% during the fourth quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after acquiring an additional 515 shares in the last quarter.
About iShares MSCI Emerging Markets Asia ETF
The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.
Further Reading
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