iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Hits New 1-Year High – Here’s What Happened

iShares Emerging Markets Equity Factor ETF (BATS:EMGFGet Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as $57.60 and last traded at $62.5350, with a volume of 17092 shares changing hands. The stock had previously closed at $57.43.

iShares Emerging Markets Equity Factor ETF Stock Performance

The firm has a market cap of $1.10 billion, a PE ratio of 13.32 and a beta of 0.59. The firm has a fifty day simple moving average of $58.46 and a two-hundred day simple moving average of $56.53.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

Institutional investors have recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new position in iShares Emerging Markets Equity Factor ETF during the 2nd quarter worth about $35,000. Root Financial Partners LLC acquired a new position in shares of iShares Emerging Markets Equity Factor ETF in the 3rd quarter valued at $43,000. Private Trust Co. NA purchased a new position in shares of iShares Emerging Markets Equity Factor ETF in the third quarter worth about $113,000. Financial Freedom LLC lifted its holdings in shares of 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 purchasing an additional 2,092 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its position in iShares Emerging Markets Equity Factor ETF by 51.6% in the second quarter. Kingswood Wealth Advisors LLC now owns 18,445 shares of the company’s stock valued at $960,000 after buying an additional 6,280 shares during the last quarter.

iShares Emerging Markets Equity Factor ETF Company Profile

(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.

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