Madison Asset Management LLC Sells 24,816 Shares of iShares MSCI Emerging Markets Asia ETF $EEMA

Madison Asset Management LLC decreased its holdings in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 6.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 367,824 shares of the company’s stock after selling 24,816 shares during the period. Madison Asset Management LLC’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $35,214,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in iShares MSCI Emerging Markets Asia ETF by 5,529.8% in the second quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock valued at $3,430,000 after acquiring an additional 40,810 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares MSCI Emerging Markets Asia ETF by 166.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 48,700 shares of the company’s stock valued at $4,468,000 after acquiring an additional 30,420 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% in the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock valued at $70,000 after purchasing an additional 515 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of iShares MSCI Emerging Markets Asia ETF by 76.3% in the 4th 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 period. Finally, Cary Street Partners Financial LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 4th quarter worth $41,000.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.5%

NASDAQ:EEMA opened at $110.23 on Tuesday. iShares MSCI Emerging Markets Asia ETF has a 12-month low of $82.42 and a 12-month high of $122.73. The stock’s fifty day simple moving average is $115.14 and its 200-day simple moving average is $106.45. The firm has a market capitalization of $826.73 million, a P/E ratio of 15.31 and a beta of 0.73.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.3388 per share. 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.