iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Shares Down 0.8% – Here’s Why

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) shares fell 0.8% on Monday . The stock traded as low as $74.19 and last traded at $74.36. 6,027 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 21,072 shares. The stock had previously closed at $74.96.

iShares MSCI Emerging Markets Small-Cap ETF Price Performance

The firm has a market cap of $438.72 million, a P/E ratio of 15.93 and a beta of 0.72. The firm’s 50-day moving average price is $70.20 and its 200 day moving average price is $68.56.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EEMS. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF during the second quarter worth approximately $227,000. Integrated Wealth Concepts LLC bought a new stake in shares of iShares MSCI Emerging Markets Small-Cap ETF during the third quarter valued at about $946,000. Ameriprise Financial Inc. lifted its holdings in iShares MSCI Emerging Markets Small-Cap ETF by 2.4% in the second quarter. Ameriprise Financial Inc. now owns 8,930 shares of the company’s stock worth $579,000 after purchasing an additional 212 shares during the period. NewEdge Advisors LLC grew its position in iShares MSCI Emerging Markets Small-Cap ETF by 21.2% in the 2nd quarter. NewEdge Advisors LLC now owns 2,000 shares of the company’s stock valued at $130,000 after buying an additional 350 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in iShares MSCI Emerging Markets Small-Cap ETF by 261.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,866 shares of the company’s stock valued at $316,000 after buying an additional 3,519 shares in the last quarter.

iShares MSCI Emerging Markets Small-Cap ETF Company Profile

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.