iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Trading Down 0.9% – What’s Next?

Shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) fell 0.9% on Monday . The stock traded as low as $26.91 and last traded at $26.8960. 843 shares traded hands during trading, a decline of 22% from the average session volume of 1,077 shares. The stock had previously closed at $27.14.

iShares Emerging Markets Infrastructure ETF Price Performance

The business has a 50 day simple moving average of $25.93 and a 200-day simple moving average of $24.57. The stock has a market capitalization of $8.07 million, a price-to-earnings ratio of 10.93 and a beta of 0.59.

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 bought a new position in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent filing with the SEC.

About iShares Emerging Markets Infrastructure ETF

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).