Janney Montgomery Scott LLC Trims Stake in iShares MSCI Emerging Markets Asia ETF $EEMA

Janney Montgomery Scott LLC reduced its holdings in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 64.4% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 545,102 shares of the company’s stock after selling 985,632 shares during the quarter. Janney Montgomery Scott LLC owned 4.58% of iShares MSCI Emerging Markets Asia ETF worth $52,185,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EEMA. JPMorgan Chase & Co. grew its holdings 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. BNP Paribas Financial Markets raised its stake in iShares MSCI Emerging Markets Asia ETF by 166.4% in the third quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock valued at $4,468,000 after purchasing an additional 30,420 shares in the last quarter. Private Trust Co. NA raised its stake in iShares MSCI Emerging Markets Asia ETF by 226.9% in the fourth quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after purchasing an additional 515 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in iShares MSCI Emerging Markets Asia ETF by 76.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after purchasing an additional 1,323 shares during the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF during the fourth quarter valued at approximately $41,000.

iShares MSCI Emerging Markets Asia ETF Price Performance

EEMA stock opened at $114.47 on Monday. The firm has a 50 day simple moving average of $113.99 and a two-hundred day simple moving average of $104.10. The stock has a market cap of $1.36 billion, a PE ratio of 15.31 and a beta of 0.73. iShares MSCI Emerging Markets Asia ETF has a one year low of $81.96 and a one year high of $122.73.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a $0.3388 dividend. The ex-dividend date was Monday, June 15th.

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.