iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Hits New 12-Month High – Here’s Why

Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGFGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as $59.61 and last traded at $58.9760, with a volume of 33928 shares. The stock had previously closed at $58.95.

iShares Emerging Markets Equity Factor ETF Stock Down 0.7%

The business has a 50-day moving average of $56.61 and a two-hundred day moving average of $53.01. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares Emerging Markets Equity Factor ETF by 51.6% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 18,445 shares of the company’s stock worth $960,000 after acquiring an additional 6,280 shares during the last quarter. Kickstand Ventures LLC. lifted its holdings in shares of iShares Emerging Markets Equity Factor ETF by 8.2% during the 2nd quarter. Kickstand Ventures LLC. now owns 23,564 shares of the company’s stock worth $1,227,000 after acquiring an additional 1,787 shares during the last quarter. Cornerstone Planning Group LLC bought a new stake in shares of iShares Emerging Markets Equity Factor ETF during the 1st quarter worth $33,000. Duncan Williams Asset Management LLC bought a new stake in shares of iShares Emerging Markets Equity Factor ETF during the 2nd quarter worth $1,227,000. Finally, Hirtle Callaghan & Co LLC lifted its holdings in shares of iShares Emerging Markets Equity Factor ETF by 1.1% during the 1st quarter. Hirtle Callaghan & Co LLC now owns 20,964 shares of the company’s stock worth $981,000 after acquiring an additional 218 shares during the last quarter.

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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