iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Price Down 2.5% – Should You Sell?

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIFGet Free Report)’s share price were down 2.5% on Monday . The stock traded as low as $27.60 and last traded at $27.69. Approximately 10,840 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 7,525 shares. The stock had previously closed at $28.39.

iShares Emerging Markets Infrastructure ETF Price Performance

The firm has a market cap of $9.69 million, a price-to-earnings ratio of 10.93 and a beta of 0.59. The stock’s fifty day moving average price is $28.65 and its 200-day moving average price is $27.03.

iShares Emerging Markets Infrastructure ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.824 per share. This represents a yield of 624.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp purchased a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIFFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned approximately 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

About iShares Emerging Markets Infrastructure ETF

(Get Free Report)

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.

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