iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Volume Increase – Still a Buy?

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw unusually-high trading volume on Tuesday . Approximately 253,331 shares changed hands during trading, an increase of 144% from the previous session’s volume of 103,981 shares.The stock last traded at $92.7240 and had previously closed at $92.89.

iShares MSCI Emerging Markets Asia ETF Stock Performance

The firm has a fifty day simple moving average of $93.54 and a two-hundred day simple moving average of $87.15. The firm has a market cap of $1.55 billion, a PE ratio of 15.31 and a beta of 0.60.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Asia ETF

Hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 1st quarter worth $4,564,000. Janney Montgomery Scott LLC purchased a new position in iShares MSCI Emerging Markets Asia ETF in the second quarter worth about $139,179,000. WestEnd Advisors LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the second quarter worth approximately $153,151,000. Cullen Frost Bankers Inc. purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the second quarter valued at approximately $143,000. Finally, Transcend Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 2nd quarter valued at approximately $3,113,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

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.