AdvisorShares Investments LLC Acquires New Holdings in iShares MSCI Emerging Markets Asia ETF $EEMA

AdvisorShares Investments LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 166,252 shares of the company’s stock, valued at approximately $15,916,000. iShares MSCI Emerging Markets Asia ETF makes up about 2.9% of AdvisorShares Investments LLC’s investment portfolio, making the stock its 7th largest position.

Several other large investors have also made changes to their positions in the business. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the fourth quarter valued at approximately $41,000. Private Trust Co. NA lifted its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 226.9% during the 4th quarter. Private Trust Co. NA now owns 742 shares of the company’s stock worth $70,000 after acquiring an additional 515 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in iShares MSCI Emerging Markets Asia ETF by 76.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 3,058 shares of the company’s stock valued at $287,000 after purchasing an additional 1,323 shares in the last quarter. Cary Street Partners Investment Advisory LLC bought a new stake in iShares MSCI Emerging Markets Asia ETF in the fourth quarter valued at $2,196,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 40,810 shares during the last quarter.

iShares MSCI Emerging Markets Asia ETF Stock Performance

NASDAQ EEMA opened at $113.38 on Friday. The firm has a market cap of $873.03 million, a price-to-earnings ratio of 15.31 and a beta of 0.73. iShares MSCI Emerging Markets Asia ETF has a 1-year low of $81.96 and a 1-year high of $122.73. The company has a 50 day moving average of $114.77 and a 200-day moving average of $104.77.

iShares MSCI Emerging Markets Asia ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.3388 per share. The ex-dividend date was Monday, June 15th.

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.