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

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $122.73 and last traded at $121.71, with a volume of 7353 shares changing hands. The stock had previously closed at $120.59.

iShares MSCI Emerging Markets Asia ETF Trading Down 5.1%

The firm has a market capitalization of $1.37 billion, a P/E ratio of 15.31 and a beta of 0.73. The firm has a 50-day moving average of $113.33 and a two-hundred day moving average of $103.64.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a $0.3388 dividend. The ex-dividend date was Monday, June 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cary Street Partners Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 4th quarter valued at approximately $41,000. Private Trust Co. NA lifted its stake in iShares MSCI Emerging Markets Asia ETF by 226.9% in the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after purchasing an additional 515 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in iShares MSCI Emerging Markets Asia ETF by 76.3% in the fourth quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after buying an additional 1,323 shares in the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF in the fourth quarter valued at approximately $2,196,000. Finally, JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% during the second quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock worth $3,430,000 after buying an additional 40,810 shares during the last quarter.

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.