iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Hits New 1-Year High – Time to Buy?

iShares Emerging Markets Equity Factor ETF (BATS:EMGF)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $66.21 and last traded at $65.4380, with a volume of 12417 shares trading hands. The stock had previously closed at $65.02.

iShares Emerging Markets Equity Factor ETF Stock Performance

The business has a 50-day simple moving average of $60.94 and a 200 day simple moving average of $57.92. The firm has a market cap of $1.16 billion, a P/E ratio of 13.32 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its position in shares of iShares Emerging Markets Equity Factor ETF by 2.2% during the fourth quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after buying an additional 398 shares during the period. Hirtle Callaghan & Co LLC boosted its position in iShares Emerging Markets Equity Factor ETF by 1.7% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after acquiring an additional 350 shares in the last quarter. Kickstand Ventures LLC. grew its holdings in shares of iShares Emerging Markets Equity Factor ETF by 0.7% during the 4th quarter. Kickstand Ventures LLC. now owns 22,519 shares of the company’s stock worth $1,303,000 after acquiring an additional 158 shares during the period. Farther Finance Advisors LLC raised its position in shares of iShares Emerging Markets Equity Factor ETF by 10.5% in the 4th quarter. Farther Finance Advisors LLC now owns 80,070 shares of the company’s stock worth $4,632,000 after acquiring an additional 7,593 shares in the last quarter. Finally, First Citizens Financial Corp lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 8.4% in the 4th quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock valued at $1,107,000 after purchasing an additional 1,486 shares during the period.

About iShares Emerging Markets Equity Factor ETF

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.