iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Cross Below Two Hundred Day Moving Average – Should You Sell?

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.08 and traded as low as $21.78. iShares Emerging Markets Infrastructure ETF shares last traded at $21.78, with a volume of 196 shares trading hands.

iShares Emerging Markets Infrastructure ETF Stock Performance

The firm’s 50 day moving average is $22.32 and its 200-day moving average is $22.08. The stock has a market capitalization of $8.71 million, a price-to-earnings ratio of 12.66 and a beta of 0.74.

Institutional Investors Weigh In On iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Flow Traders U.S. LLC purchased a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,157 shares of the company’s stock, valued at approximately $280,000. Flow Traders U.S. LLC owned 3.04% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

About iShares Emerging Markets Infrastructure ETF

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index).