iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Shares Down 2.1% – Here’s Why

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) shares were down 2.1% during mid-day trading on Tuesday . The company traded as low as $25.94 and last traded at $25.99. Approximately 506 shares were traded during mid-day trading, a decline of 90% from the average session volume of 5,185 shares. The stock had previously closed at $26.54.

iShares Emerging Markets Infrastructure ETF Price Performance

The firm has a market cap of $12.99 million, a PE ratio of 10.93 and a beta of 0.45. The firm has a 50-day simple moving average of $27.26 and a 200 day simple moving average of $28.04.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.2848 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned 3.74% of iShares Emerging Markets Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index). The Index is designed to track performance of 30 of the largest publicly listed companies in the infrastructure industry in the emerging markets. The Index includes three distinct infrastructure sub-sectors: energy, transportation and utilities.