iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Price Down 0.7% – Here’s Why

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF)’s share price traded down 0.7% during mid-day trading on Wednesday . The company traded as low as $21.29 and last traded at $21.33. 946 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 589 shares. The stock had previously closed at $21.49.

iShares Emerging Markets Infrastructure ETF Stock Down 0.7 %

The firm has a market capitalization of $8.53 million, a price-to-earnings ratio of 12.66 and a beta of 0.74. The stock has a 50 day moving average of $21.01 and a 200 day moving average of $21.67.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.4838 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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. Flow Traders U.S. LLC purchased a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 12,157 shares of the company’s stock, valued at approximately $280,000. Flow Traders U.S. LLC owned about 3.04% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

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).