iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Sets New 12-Month High – Here’s What Happened

Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $57.60 and last traded at $63.99, with a volume of 17092 shares. The stock had previously closed at $57.43.

iShares Emerging Markets Equity Factor ETF Stock Up 0.2%

The stock has a fifty day simple moving average of $59.93 and a 200 day simple moving average of $57.39. The firm has a market capitalization of $1.13 billion, a P/E ratio of 13.32 and a beta of 0.59.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Emerging Markets Equity Factor ETF during the 2nd quarter valued at approximately $35,000. Root Financial Partners LLC purchased a new position in shares of iShares Emerging Markets Equity Factor ETF in the third quarter worth $43,000. Private Trust Co. NA bought a new position in shares of iShares Emerging Markets Equity Factor ETF during the third quarter worth $113,000. Financial Freedom LLC grew its stake in iShares Emerging Markets Equity Factor ETF by 17.2% during the second quarter. Financial Freedom LLC now owns 14,280 shares of the company’s stock valued at $744,000 after acquiring an additional 2,092 shares in the last quarter. Finally, First Citizens Financial Corp grew its stake in iShares Emerging Markets Equity Factor ETF by 18.9% during the third quarter. First Citizens Financial Corp now owns 17,649 shares of the company’s stock valued at $999,000 after acquiring an additional 2,801 shares in the last quarter.

iShares Emerging Markets Equity Factor ETF Company Profile

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.