iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Shares Down 0.9% – What’s Next?

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) shares fell 0.9% during mid-day trading on Tuesday . The company traded as low as $71.83 and last traded at $71.83. 30,129 shares changed hands during trading, an increase of 28% from the average session volume of 23,557 shares. The stock had previously closed at $72.50.

iShares MSCI Emerging Markets Asia ETF Price Performance

The firm’s 50-day moving average price is $73.97 and its 200-day moving average price is $74.23. The stock has a market cap of $450.51 million, a P/E ratio of 13.33 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $1.0001 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This is an increase from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Large investors have recently added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at about $209,000. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI Emerging Markets Asia ETF by 41.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock valued at $232,000 after purchasing an additional 867 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter worth approximately $674,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter valued at approximately $9,425,000.

About iShares MSCI Emerging Markets Asia ETF

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.