iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Stock Position Decreased by Nicholas Hoffman & Company LLC.

Nicholas Hoffman & Company LLC. trimmed its stake in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 2.0% during the fourth quarter, Holdings Channel reports. The fund owned 71,525 shares of the company’s stock after selling 1,478 shares during the quarter. Nicholas Hoffman & Company LLC.’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $5,125,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at approximately $9,425,000. BNP Paribas Financial Markets bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at approximately $674,000. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 41.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock valued at $232,000 after acquiring an additional 867 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at approximately $209,000.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.7 %

EEMA opened at $75.14 on Monday. The firm has a market capitalization of $473.38 million, a P/E ratio of 13.33 and a beta of 0.69. The stock’s 50 day moving average price is $72.73 and its two-hundred day moving average price is $74.08. iShares MSCI Emerging Markets Asia ETF has a 12-month low of $65.14 and a 12-month high of $82.13.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.0001 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a positive change from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31.

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.