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

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $117.05 and last traded at $117.05, with a volume of 7017 shares changing hands. The stock had previously closed at $113.01.

iShares MSCI Emerging Markets Asia ETF Stock Up 3.5%

The business’s fifty day moving average is $104.82 and its two-hundred day moving average is $100.08. The stock has a market capitalization of $1.39 billion, a PE ratio of 15.31 and a beta of 0.72.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% in the second quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock valued at $3,430,000 after acquiring an additional 40,810 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 27.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after purchasing an additional 162 shares in the last quarter. Madison Asset Management LLC lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 6.2% in the 3rd quarter. Madison Asset Management LLC now owns 396,693 shares of the company’s stock valued at $36,397,000 after purchasing an additional 23,101 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in iShares MSCI Emerging Markets Asia ETF by 166.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock valued at $4,468,000 after purchasing an additional 30,420 shares in the last quarter. Finally, Private Trust Co. NA raised its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% during the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after acquiring an additional 515 shares during the period.

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.