iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Trading Up 0.9% – Time to Buy?

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS)’s stock price rose 0.9% during trading on Friday . The company traded as high as $76.52 and last traded at $76.39. 7,831 shares changed hands during trading, a decline of 83% from the average daily volume of 47,281 shares. The stock had previously closed at $75.73.

iShares MSCI Emerging Markets Small-Cap ETF Trading Up 0.9%

The company has a market cap of $381.95 million, a price-to-earnings ratio of 15.93 and a beta of 0.71. The firm has a 50-day moving average price of $74.15 and a 200 day moving average price of $74.18.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Small-Cap ETF

Hedge funds have recently added to or reduced their stakes in the business. Van Berkom & Associates Inc. bought a new stake in iShares MSCI Emerging Markets Small-Cap ETF during the first quarter valued at $48,000. NewEdge Advisors LLC lifted its position in shares of 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 worth $130,000 after buying an additional 350 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of 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 during the period. Gould Asset Management LLC CA boosted its holdings in shares of iShares MSCI Emerging Markets Small-Cap ETF by 7.4% in the 1st quarter. Gould Asset Management LLC CA now owns 5,365 shares of the company’s stock valued at $371,000 after buying an additional 370 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of iShares MSCI Emerging Markets Small-Cap ETF by 2.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,930 shares of the company’s stock valued at $579,000 after buying an additional 212 shares during the last quarter.

About iShares MSCI Emerging Markets Small-Cap ETF

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.