iShares MSCI UAE ETF (UAE) To Go Ex-Dividend on December 16th

iShares MSCI UAE ETF (NASDAQ:UAEGet Free Report) announced a dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.1883 per share on Friday, December 19th. This represents a dividend yield of 196.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares MSCI UAE ETF Trading Down 0.7%

NASDAQ:UAE opened at $19.24 on Wednesday. The business’s 50-day moving average is $19.28 and its 200 day moving average is $19.22. iShares MSCI UAE ETF has a 12 month low of $15.40 and a 12 month high of $20.42. The company has a market capitalization of $141.41 million, a P/E ratio of 10.93 and a beta of 0.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of UAE. Mondrian Investment Partners LTD purchased a new position in shares of iShares MSCI UAE ETF in the 3rd quarter worth $12,735,000. Jane Street Group LLC raised its position in shares of iShares MSCI UAE ETF by 682.5% during the 1st quarter. Jane Street Group LLC now owns 399,295 shares of the company’s stock valued at $6,776,000 after buying an additional 348,264 shares in the last quarter. Korea Investment CORP lifted its holdings in shares of iShares MSCI UAE ETF by 173.6% in the 1st quarter. Korea Investment CORP now owns 461,352 shares of the company’s stock valued at $7,829,000 after acquiring an additional 292,710 shares during the last quarter. Sei Investments Co. purchased a new position in iShares MSCI UAE ETF in the third quarter worth about $5,093,000. Finally, Ninety One North America Inc. purchased a new position in iShares MSCI UAE ETF in the third quarter worth about $5,093,000.

iShares MSCI UAE ETF Company Profile

(Get Free Report)

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.

See Also

Dividend History for iShares MSCI UAE ETF (NASDAQ:UAE)

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