iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) Stock Pass Below 200-Day Moving Average – Here’s Why

Shares of iShares MSCI Emerging Markets Small-Cap ETF (NYSEARCA:EEMS) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $61.30 and traded as low as $59.94. iShares MSCI Emerging Markets Small-Cap ETF shares last traded at $59.99, with a volume of 19,523 shares traded.

iShares MSCI Emerging Markets Small-Cap ETF Stock Performance

The business’s 50-day simple moving average is $61.79 and its 200 day simple moving average is $61.29. The firm has a market cap of $390.43 million, a P/E ratio of 13.49 and a beta of 0.72.

Institutional Trading of iShares MSCI Emerging Markets Small-Cap ETF

Hedge funds have recently bought and sold shares of the company. AdvisorNet Financial Inc grew its stake in shares of iShares MSCI Emerging Markets Small-Cap ETF by 17.8% during the 2nd quarter. AdvisorNet Financial Inc now owns 3,375 shares of the company’s stock valued at $206,000 after purchasing an additional 511 shares during the period. Dorsey & Whitney Trust CO LLC purchased a new stake in iShares MSCI Emerging Markets Small-Cap ETF during the second quarter valued at approximately $202,000. Finally, Rebalance LLC boosted its stake in shares of iShares MSCI Emerging Markets Small-Cap ETF by 6.1% during the 3rd 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.

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.