Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF – Get Free Report) were up 0.2% on Wednesday. The stock traded as high as $68.35 and last traded at $68.18. 75,832 shares were traded during mid-day trading, a decline of 51% from the average session volume of 155,714 shares. The stock had previously closed at $68.01.
iShares Emerging Markets Equity Factor ETF Stock Up 0.2%
The stock’s 50 day moving average is $71.53 and its two-hundred day moving average is $70.53. The company has a market capitalization of $1.20 billion, a PE ratio of 13.32 and a beta of 0.59.
Institutional Investors Weigh In On iShares Emerging Markets Equity Factor ETF
Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC lifted its position in shares of 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 worth $97,000 after purchasing an additional 445 shares during the period. Pinnacle Wealth Management Advisory Group LLC bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the second quarter valued at approximately $203,000. Worth Asset Management LLC bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the first quarter valued at approximately $506,000. Navellier & Associates Inc. bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the second quarter valued at approximately $1,666,000. Finally, First Citizens Financial Corp boosted its stake in shares of iShares Emerging Markets Equity Factor ETF by 13.7% during the second quarter. First Citizens Financial Corp now owns 25,985 shares of the company’s stock valued at $1,904,000 after purchasing an additional 3,129 shares in the last quarter.
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.
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