iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Reaches New 52-Week High – Here’s What Happened

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $90.67 and last traded at $90.56, with a volume of 1095 shares. The stock had previously closed at $90.17.

iShares MSCI Emerging Markets Asia ETF Price Performance

The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 15.31 and a beta of 0.69. The stock has a fifty day moving average of $85.29 and a 200 day moving average of $79.28.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF in the second quarter valued at approximately $26,000. Cullen Frost Bankers Inc. purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at approximately $143,000. Transcend Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter valued at approximately $3,113,000. JPMorgan Chase & Co. increased its position in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% during the second quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock worth $3,430,000 after purchasing an additional 40,810 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the first quarter worth approximately $4,564,000.

iShares MSCI Emerging Markets Asia ETF Company Profile

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.