iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Trading Up 20% – What’s Next?

iShares Emerging Markets Equity Factor ETF (BATS:EMGFGet Free Report) shares traded up 20% during mid-day trading on Friday . The company traded as high as $45.19 and last traded at $53.58. 44,327 shares changed hands during trading, a decline of 41% from the average session volume of 75,609 shares. The stock had previously closed at $44.66.

iShares Emerging Markets Equity Factor ETF Stock Up 20.0%

The company has a market cap of $942.92 million, a PE ratio of 13.32 and a beta of 0.59. The business’s 50 day moving average price is $52.97 and its 200-day moving average price is $49.45.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

Hedge funds have recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares Emerging Markets Equity Factor ETF during the second quarter valued at approximately $35,000. Cornerstone Planning Group LLC purchased a new stake in shares of iShares Emerging Markets Equity Factor ETF during the first quarter valued at approximately $33,000. Novem Group purchased a new stake in shares of iShares Emerging Markets Equity Factor ETF during the fourth quarter valued at approximately $328,000. Financial Freedom LLC raised its stake in shares of iShares Emerging Markets Equity Factor ETF by 3,257.6% during the first quarter. Financial Freedom LLC now owns 12,188 shares of the company’s stock valued at $570,000 after purchasing an additional 11,825 shares during the period. Finally, Kingswood Wealth Advisors LLC raised its stake in shares of iShares Emerging Markets Equity Factor ETF by 51.6% during the second quarter. Kingswood Wealth Advisors LLC now owns 18,445 shares of the company’s stock valued at $960,000 after purchasing an additional 6,280 shares during the period.

iShares Emerging Markets Equity Factor ETF Company Profile

(Get Free Report)

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.

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