Short Interest in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Increases By 77.6%

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 37,760 shares, an increase of 77.6% from the June 30th total of 21,261 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 214,526 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of iShares Emerging Markets Equity Factor ETF by 19.8% during the third quarter. JPMorgan Chase & Co. now owns 3,364,071 shares of the company’s stock valued at $190,339,000 after buying an additional 555,561 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Emerging Markets Equity Factor ETF by 50.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 820,956 shares of the company’s stock worth $46,484,000 after acquiring an additional 276,482 shares during the last quarter. Farther Finance Advisors LLC raised its holdings 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 during the last quarter. Captrust Financial Advisors raised its holdings in shares of iShares Emerging Markets Equity Factor ETF by 13.0% in the 2nd quarter. Captrust Financial Advisors now owns 40,720 shares of the company’s stock worth $2,120,000 after acquiring an additional 4,686 shares during the last quarter. Finally, First Citizens Financial Corp lifted its position in iShares Emerging Markets Equity Factor ETF by 13.7% in the 2nd quarter. First Citizens Financial Corp now owns 25,985 shares of the company’s stock valued at $1,904,000 after acquiring an additional 3,129 shares in the last quarter.

iShares Emerging Markets Equity Factor ETF Price Performance

Shares of EMGF opened at $68.05 on Friday. The stock has a 50-day moving average of $71.40 and a 200-day moving average of $66.94. The company has a market cap of $1.20 billion, a PE ratio of 13.32 and a beta of 0.59. iShares Emerging Markets Equity Factor ETF has a one year low of $51.84 and a one year high of $76.58.

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.