iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Sets New 12-Month High – Time to Buy?

iShares Emerging Markets Equity Factor ETF (BATS:EMGFGet Free Report)’s share price reached a new 52-week high on Monday . The company traded as high as $57.60 and last traded at $57.8350, with a volume of 17092 shares. The stock had previously closed at $57.43.

iShares Emerging Markets Equity Factor ETF Trading Up 0.7%

The firm’s 50-day moving average price is $57.65 and its 200-day moving average price is $54.56. The stock has a market capitalization of $1.02 billion, a PE ratio of 13.32 and a beta of 0.59.

Institutional Investors Weigh In On iShares Emerging Markets Equity Factor ETF

Several institutional investors have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in shares of iShares Emerging Markets Equity Factor ETF in the 2nd quarter worth approximately $35,000. Root Financial Partners LLC bought a new stake in iShares Emerging Markets Equity Factor ETF in the third quarter worth $43,000. Private Trust Co. NA purchased a new position in iShares Emerging Markets Equity Factor ETF during the third quarter worth $113,000. Financial Freedom LLC boosted its stake in iShares Emerging Markets Equity Factor ETF by 17.2% during the second quarter. Financial Freedom LLC now owns 14,280 shares of the company’s stock worth $744,000 after buying an additional 2,092 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its position in iShares Emerging Markets Equity Factor ETF by 51.6% during the second quarter. Kingswood Wealth Advisors LLC now owns 18,445 shares of the company’s stock valued at $960,000 after acquiring an additional 6,280 shares during the last quarter.

About iShares Emerging Markets Equity Factor ETF

(Get Free Report)

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.

Further Reading

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