iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Sees Unusually-High Trading Volume – Still a Buy?

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMAGet Free Report) saw strong trading volume on Monday . 68,339 shares traded hands during mid-day trading, a decline of 35% from the previous session’s volume of 104,699 shares.The stock last traded at $91.6050 and had previously closed at $91.12.

iShares MSCI Emerging Markets Asia ETF Trading Up 0.7%

The stock’s fifty day moving average price is $93.45 and its 200 day moving average price is $86.73. The stock has a market cap of $1.55 billion, a P/E ratio of 15.31 and a beta of 0.60.

Hedge Funds Weigh In On iShares MSCI Emerging Markets Asia ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EEMA. Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at about $26,000. Cornerstone Planning Group LLC grew its position in iShares MSCI Emerging Markets Asia ETF by 27.5% during the third quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after acquiring an additional 162 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in iShares MSCI Emerging Markets Asia ETF during the second quarter valued at approximately $143,000. Transcend Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF during the second quarter worth approximately $3,113,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock worth $3,430,000 after acquiring an additional 40,810 shares during the last quarter.

iShares MSCI Emerging Markets Asia ETF Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for iShares MSCI Emerging Markets Asia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets Asia ETF and related companies with MarketBeat.com's FREE daily email newsletter.