Matthews Emerging Markets Discovery Active ETF (NASDAQ:MEMS – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $28.37 and traded as high as $31.73. Matthews Emerging Markets Discovery Active ETF shares last traded at $31.73, with a volume of 238 shares trading hands.
Matthews Emerging Markets Discovery Active ETF Stock Performance
The firm’s 50 day moving average is $31.11 and its 200-day moving average is $28.37. The stock has a market capitalization of $22.21 million, a price-to-earnings ratio of -122.04 and a beta of 0.71.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cahill Financial Advisors Inc. raised its position in shares of Matthews Emerging Markets Discovery Active ETF by 2.2% in the fourth quarter. Cahill Financial Advisors Inc. now owns 188,548 shares of the technology company’s stock worth $4,805,000 after acquiring an additional 4,124 shares during the period. Jane Street Group LLC boosted its stake in shares of Matthews Emerging Markets Discovery Active ETF by 143.4% during the 2nd quarter. Jane Street Group LLC now owns 40,923 shares of the technology company’s stock worth $1,071,000 after acquiring an additional 24,113 shares in the last quarter. Finally, Richardson Capital Management LLC grew its position in shares of Matthews Emerging Markets Discovery Active ETF by 4.2% during the 4th quarter. Richardson Capital Management LLC now owns 135,156 shares of the technology company’s stock valued at $3,444,000 after acquiring an additional 5,421 shares during the period. Hedge funds and other institutional investors own 15.59% of the company’s stock.
Matthews Emerging Markets Discovery Active ETF Company Profile
MEMSIC, Inc provides advanced semiconductor sensor and system solutions based on integrated micro electro-mechanical systems (MEMS), technology and mixed signal circuit design. The Company operates in two segments: semiconductor sensor products and sensor system solution products. Its semiconductor sensor products, which is based on MEMS technology and advanced, integrated circuit design. Its sensor system solution products, which incorporate sensors with on-board computing, wireless communications and systems and application software solutions.
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