iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Shares Up 1.4% – Still a Buy?

iShares Emerging Markets Equity Factor ETF (BATS:EMGF)’s stock price shot up 1.4% during mid-day trading on Monday . The company traded as high as $45.19 and last traded at $45.30. 44,327 shares changed hands during mid-day trading, The stock had previously closed at $44.66.

iShares Emerging Markets Equity Factor ETF Stock Performance

The company has a 50 day moving average of $46.30 and a 200 day moving average of $47.20. The stock has a market capitalization of $629.63 million, a price-to-earnings ratio of 10.68 and a beta of 0.79.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

A number of institutional investors have recently bought and sold shares of EMGF. Farther Finance Advisors LLC boosted its position in shares of iShares Emerging Markets Equity Factor ETF by 15.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,713 shares of the company’s stock valued at $385,000 after purchasing an additional 1,008 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in iShares Emerging Markets Equity Factor ETF in the 4th quarter valued at $560,000. Strategic Blueprint LLC acquired a new stake in iShares Emerging Markets Equity Factor ETF in the third quarter valued at about $669,000. First Citizens Financial Corp lifted its holdings in iShares Emerging Markets Equity Factor ETF by 6.8% in the fourth quarter. First Citizens Financial Corp now owns 17,431 shares of the company’s stock valued at $788,000 after acquiring an additional 1,109 shares during the period. Finally, Captrust Financial Advisors lifted its stake in shares of iShares Emerging Markets Equity Factor ETF by 8.4% in the third quarter. Captrust Financial Advisors now owns 28,468 shares of the company’s stock valued at $1,417,000 after purchasing an additional 2,199 shares during the period.

iShares Emerging Markets Equity Factor ETF Company Profile

The iShares MSCI Emerging Markets Multifactor ETF (EMGF) is an exchange-traded fund that is based on the MSCI EM Diversified Multiple-Factor index. The fund tracks an index of large- and mid-cap emerging market firms, selected and weighted to increase exposure to quality, value, momentum and size. EMGF was launched on Dec 8, 2015 and is managed by BlackRock.