iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Trading Down 1.1% – Here’s What Happened

iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) traded down 1.1% during mid-day trading on Wednesday . The stock traded as low as $59.13 and last traded at $59.23. 9,923 shares traded hands during trading, a decline of 67% from the average session volume of 29,816 shares. The stock had previously closed at $59.86.

iShares MSCI Emerging Markets Small-Cap ETF Trading Down 1.1 %

The firm has a market capitalization of $385.00 million, a PE ratio of 13.49 and a beta of 0.72. The business has a 50 day moving average price of $62.16 and a 200-day moving average price of $61.35.

Institutional Investors Weigh In On iShares MSCI Emerging Markets Small-Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of EEMS. Rebalance LLC raised its position in iShares MSCI Emerging Markets Small-Cap ETF by 6.1% during the third quarter. Rebalance LLC now owns 17,970 shares of the company’s stock worth $1,146,000 after acquiring an additional 1,026 shares during the last quarter. Dorsey & Whitney Trust CO LLC acquired a new stake in iShares MSCI Emerging Markets Small-Cap ETF during the 2nd quarter valued at $202,000. AdvisorNet Financial Inc increased its position in iShares MSCI Emerging Markets Small-Cap ETF by 17.8% during the second quarter. AdvisorNet Financial Inc now owns 3,375 shares of the company’s stock worth $206,000 after buying an additional 511 shares in the last quarter. Hillsdale Investment Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets Small-Cap ETF in the first quarter worth $12,361,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of iShares MSCI Emerging Markets Small-Cap ETF by 76.7% in the first quarter. Janney Montgomery Scott LLC now owns 8,789 shares of the company’s stock valued at $517,000 after acquiring an additional 3,814 shares in the last quarter.

About iShares MSCI Emerging Markets Small-Cap ETF

The iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is an exchange-traded fund that is based on the MSCI Emerging Markets Small Cap index, a market-cap-weighted index of emerging markets stocks with market capitalizations between $200M and $1.5B. EEMS was launched on Aug 16, 2011 and is managed by BlackRock.