Bank of New York Mellon Corp Increases Stock Position in iShares MSCI Emerging Markets Asia ETF $EEMA

Bank of New York Mellon Corp increased its stake in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 5.0% in the 2nd quarter, Holdings Channel reports. The firm owned 79,150 shares of the company’s stock after buying an additional 3,755 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $6,534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EEMA. WestEnd Advisors LLC purchased a new stake in iShares MSCI Emerging Markets Asia ETF in the second quarter worth approximately $153,151,000. Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at $139,179,000. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 1st quarter worth $4,564,000. Transcend Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter worth $3,113,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the second quarter valued at $143,000.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.0%

iShares MSCI Emerging Markets Asia ETF stock opened at $91.12 on Friday. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $63.50 and a 52-week high of $97.55. The company has a market cap of $1.52 billion, a P/E ratio of 15.31 and a beta of 0.60. The business has a 50-day simple moving average of $93.41 and a two-hundred day simple moving average of $86.34.

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.