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

Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF) hit a new 52-week high on Friday . The company traded as high as $67.97 and last traded at $67.78, with a volume of 8206 shares changing hands. The stock had previously closed at $66.57.

iShares Emerging Markets Equity Factor ETF Price Performance

The firm has a market cap of $1.20 billion, a PE ratio of 13.32 and a beta of 0.59. The business has a 50-day moving average price of $63.06 and a two-hundred day moving average price of $60.18.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in shares of iShares Emerging Markets Equity Factor ETF in the third quarter valued at $43,000. Private Trust Co. NA purchased a new position in shares of iShares Emerging Markets Equity Factor ETF in the third quarter valued at $113,000. Captrust Financial Advisors increased its position in iShares Emerging Markets Equity Factor ETF by 2.2% during the 4th quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock worth $1,084,000 after purchasing an additional 398 shares in the last quarter. First Citizens Financial Corp increased its position in iShares Emerging Markets Equity Factor ETF by 8.4% during the 4th quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock worth $1,107,000 after purchasing an additional 1,486 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC increased its position in iShares Emerging Markets Equity Factor ETF by 1.7% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock worth $1,233,000 after purchasing an additional 350 shares in the last quarter.

iShares Emerging Markets Equity Factor ETF Company Profile

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.