Traders Sell iShares MSCI Emerging Markets Indx (EEM) on Strength (EEM)

Traders sold shares of iShares MSCI Emerging Markets Indx (NYSEARCA:EEM) on strength during trading on Friday. $240.02 million flowed into the stock on the tick-up and $633.99 million flowed out of the stock on the tick-down, for a money net flow of $393.97 million out of the stock. Of all stocks tracked, iShares MSCI Emerging Markets Indx had the highest net out-flow for the day. iShares MSCI Emerging Markets Indx traded up $0.47 for the day and closed at $49.51

The stock has a market cap of $41,480.00 and a P/E ratio of -3.19.

The business also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Shareholders of record on Wednesday, December 20th were issued a dividend of $0.6966 per share. This represents a yield of 3.05%. This is an increase from iShares MSCI Emerging Markets Indx’s previous semiannual dividend of $0.19. The ex-dividend date of this dividend was Tuesday, December 19th. iShares MSCI Emerging Markets Indx’s payout ratio is presently -5.73%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Leicht Financial Planning & Wealth Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets Indx by 195.9% in the 4th quarter. Leicht Financial Planning & Wealth Management Inc. now owns 37,533 shares of the exchange traded fund’s stock worth $1,839,000 after acquiring an additional 24,848 shares in the last quarter. Appleton Partners Inc. MA boosted its holdings in shares of iShares MSCI Emerging Markets Indx by 14.1% in the 4th quarter. Appleton Partners Inc. MA now owns 35,351 shares of the exchange traded fund’s stock worth $1,666,000 after acquiring an additional 4,358 shares in the last quarter. Stillwater Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets Indx in the 4th quarter worth approximately $202,000. CHURCHILL MANAGEMENT Corp boosted its holdings in shares of iShares MSCI Emerging Markets Indx by 9.4% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 100,005 shares of the exchange traded fund’s stock worth $4,712,000 after acquiring an additional 8,572 shares in the last quarter. Finally, Acropolis Investment Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets Indx by 231.8% in the 4th quarter. Acropolis Investment Management LLC now owns 28,771 shares of the exchange traded fund’s stock worth $1,356,000 after acquiring an additional 20,101 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: “Traders Sell iShares MSCI Emerging Markets Indx (EEM) on Strength (EEM)” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://ledgergazette.com/2018/01/12/traders-sell-ishares-msci-emerging-markets-indx-eem-on-strength-eem.html.

About iShares MSCI Emerging Markets Indx

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index).

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

Leave a Reply