iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Large Volume Increase – Time to Buy?

Shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) saw strong trading volume on Friday . 197,516 shares traded hands during trading, an increase of 129% from the previous session’s volume of 86,366 shares.The stock last traded at $103.3980 and had previously closed at $103.70.

iShares MSCI Emerging Markets Asia ETF Price Performance

The firm has a market cap of $1.75 billion, a P/E ratio of 15.31 and a beta of 0.60. The stock has a 50 day moving average of $97.26 and a 200 day moving average of $92.86.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $1.2044 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 266.0%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC grew its stake in shares of iShares MSCI Emerging Markets Asia ETF by 27.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock worth $72,000 after buying an additional 162 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the second quarter valued at $26,000. Cary Street Partners Financial LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the fourth quarter valued at $41,000. Private Trust Co. NA raised its position 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 worth $70,000 after purchasing an additional 515 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in iShares MSCI Emerging Markets Asia ETF by 1.8% in the 4th quarter. JPMorgan Chase & Co. now owns 41,983 shares of the company’s stock worth $3,947,000 after purchasing an additional 734 shares in the last quarter.

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.