iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Shares Down 0.9% – Here’s What Happened

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s share price fell 0.9% during mid-day trading on Tuesday . The stock traded as low as $71.83 and last traded at $71.83. 30,129 shares were traded during mid-day trading, an increase of 28% from the average session volume of 23,557 shares. The stock had previously closed at $72.50.

iShares MSCI Emerging Markets Asia ETF Trading Down 0.4 %

The stock has a market capitalization of $450.51 million, a PE ratio of 13.33 and a beta of 0.69. The business’s 50 day moving average is $73.97 and its 200 day moving average is $74.23.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.0001 per share. This is a boost from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Large investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF during the third quarter valued at $9,425,000. BNP Paribas Financial Markets bought a new position in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth about $674,000. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets Asia ETF by 41.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock valued at $232,000 after purchasing an additional 867 shares during the period. Finally, Kovitz Investment Group Partners LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at about $209,000.

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.