Bank of New York Mellon Corp increased its stake in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA – Free Report) by 2.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 84,746 shares of the company’s stock after acquiring an additional 2,181 shares during the period. Bank of New York Mellon Corp owned 1.35% of iShares MSCI Emerging Markets Asia ETF worth $6,072,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in EEMA. Kovitz Investment Group Partners LLC acquired a new stake in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at approximately $209,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Emerging Markets Asia ETF by 41.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock worth $232,000 after buying an additional 867 shares during the period. BNP Paribas Financial Markets bought a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at $674,000. Finally, Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at $9,425,000.
iShares MSCI Emerging Markets Asia ETF Stock Performance
Shares of EEMA opened at $75.53 on Monday. The stock has a fifty day moving average price of $73.44 and a two-hundred day moving average price of $74.52. The company has a market cap of $475.84 million, a price-to-earnings ratio of 15.28 and a beta of 0.69. iShares MSCI Emerging Markets Asia ETF has a 52-week low of $65.67 and a 52-week high of $82.13.
About iShares MSCI Emerging Markets Asia ETF
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.
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