iShares MSCI Emerging Markets Asia ETF $EEMA is WestEnd Advisors LLC’s 9th Largest Position

WestEnd Advisors LLC cut its holdings in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 1.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,834,663 shares of the company’s stock after selling 20,564 shares during the quarter. iShares MSCI Emerging Markets Asia ETF comprises approximately 3.9% of WestEnd Advisors LLC’s holdings, making the stock its 9th biggest position. WestEnd Advisors LLC owned about 0.11% of iShares MSCI Emerging Markets Asia ETF worth $168,332,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EEMA. Janney Montgomery Scott LLC purchased a new position in shares of iShares MSCI Emerging Markets Asia ETF in the second quarter worth about $139,179,000. Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI Emerging Markets Asia ETF by 5.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 79,150 shares of the company’s stock valued at $6,534,000 after buying an additional 3,755 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in iShares MSCI Emerging Markets Asia ETF by 5,529.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 41,548 shares of the company’s stock worth $3,430,000 after buying an additional 40,810 shares during the period. Transcend Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth approximately $3,113,000. Finally, Cullen Frost Bankers Inc. purchased a new position in iShares MSCI Emerging Markets Asia ETF in the 2nd quarter valued at approximately $143,000.

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of EEMA stock opened at $96.81 on Monday. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 15.31 and a beta of 0.60. The company’s fifty day simple moving average is $93.64 and its two-hundred day simple moving average is $89.51. iShares MSCI Emerging Markets Asia ETF has a 1 year low of $63.50 and a 1 year high of $97.55.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a dividend of $1.2044 per share. This represents a dividend yield of 266.0%. The ex-dividend date was Tuesday, December 16th.

iShares MSCI Emerging Markets Asia ETF Company Profile

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.