iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Trading Down 5.2% – What’s Next?
by Sarita Garza · The Markets DailyiShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS – Get Free Report) shares dropped 5.2% during mid-day trading on Friday . The stock traded as low as $73.64 and last traded at $73.68. Approximately 13,268 shares traded hands during trading, a decline of 65% from the average daily volume of 38,422 shares. The stock had previously closed at $77.73.
iShares MSCI Emerging Markets Small-Cap ETF Trading Down 5.2%
The firm has a 50 day moving average of $75.05 and a 200-day moving average of $71.65. The company has a market cap of $434.71 million, a P/E ratio of 15.93 and a beta of 0.69.
Institutional Trading of iShares MSCI Emerging Markets Small-Cap ETF
A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 261.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,866 shares of the company’s stock worth $316,000 after acquiring an additional 3,519 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 21.2% during the 2nd quarter. NewEdge Advisors LLC now owns 2,000 shares of the company’s stock worth $130,000 after acquiring an additional 350 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,930 shares of the company’s stock worth $579,000 after acquiring an additional 212 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 28.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 7,002 shares of the company’s stock worth $470,000 after acquiring an additional 1,550 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 904.7% during the 3rd quarter. Flow Traders U.S. LLC now owns 122,658 shares of the company’s stock worth $8,330,000 after acquiring an additional 110,449 shares in the last quarter.
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.