iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Stock Price Down 0.4% – Here’s Why

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) shares were down 0.4% during mid-day trading on Friday . The stock traded as low as $73.78 and last traded at $74.35. Approximately 8,781 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 36,443 shares. The stock had previously closed at $74.64.

iShares MSCI Emerging Markets Small-Cap ETF Stock Down 0.4%

The stock’s 50-day simple moving average is $76.57 and its 200 day simple moving average is $72.50. The company has a market cap of $438.66 million, a price-to-earnings ratio of 15.93 and a beta of 0.69.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Small-Cap ETF

Several large investors have recently made changes to their positions in EEMS. Van Berkom & Associates Inc. acquired a new stake in iShares MSCI Emerging Markets Small-Cap ETF in the 1st quarter valued at approximately $48,000. Gould Asset Management LLC CA lifted its stake in iShares MSCI Emerging Markets Small-Cap ETF by 7.4% during the first quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock worth $371,000 after purchasing an additional 370 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in iShares MSCI Emerging Markets Small-Cap ETF by 13.8% during the first quarter. Janney Montgomery Scott LLC now owns 9,046 shares of the company’s stock worth $626,000 after purchasing an additional 1,098 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets Small-Cap ETF by 90.7% during the fourth quarter. Farther Finance Advisors LLC now owns 3,213 shares of the company’s stock worth $217,000 after buying an additional 1,528 shares during the period. Finally, Daytona Street Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF during the fourth quarter worth $27,000.

About iShares MSCI Emerging Markets Small-Cap ETF

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.