iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Reaches New 52-Week High – Here’s What Happened

Shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMAGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $116.78 and last traded at $116.32, with a volume of 11728 shares traded. The stock had previously closed at $116.30.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.5%

The firm has a market cap of $1.39 billion, a P/E ratio of 15.31 and a beta of 0.72. The firm’s 50-day simple moving average is $101.94 and its 200 day simple moving average is $98.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Cary Street Partners Financial LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the 4th quarter valued at $41,000. Private Trust Co. NA raised its holdings in iShares MSCI Emerging Markets Asia ETF by 226.9% during the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after acquiring an additional 515 shares during the period. Cornerstone Planning Group LLC raised its holdings in iShares MSCI Emerging Markets Asia ETF by 27.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after acquiring an additional 162 shares during the period. Cullen Frost Bankers Inc. raised its holdings in iShares MSCI Emerging Markets Asia ETF by 76.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after acquiring an additional 1,323 shares during the period. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the 4th quarter valued at $2,196,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

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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.

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