Madison Asset Management LLC Purchases 23,101 Shares of iShares MSCI Emerging Markets Asia ETF $EEMA

Madison Asset Management LLC grew its position in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 6.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 396,693 shares of the company’s stock after purchasing an additional 23,101 shares during the quarter. Madison Asset Management LLC’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $36,397,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EEMA. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the second quarter valued at approximately $26,000. Cornerstone Planning Group LLC lifted its position in iShares MSCI Emerging Markets Asia ETF by 27.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 752 shares of the company’s stock valued at $72,000 after acquiring an additional 162 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in iShares MSCI Emerging Markets Asia ETF during the 2nd quarter valued at $143,000. Transcend Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets Asia ETF in the 2nd quarter worth $3,113,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares MSCI Emerging Markets Asia ETF by 5,529.8% in the second 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 Price Performance

iShares MSCI Emerging Markets Asia ETF stock opened at $103.21 on Wednesday. iShares MSCI Emerging Markets Asia ETF has a one year low of $63.50 and a one year high of $103.56. The business’s fifty day moving average is $96.80 and its 200 day moving average is $92.69. The stock has a market capitalization of $1.74 billion, a PE ratio of 15.31 and a beta of 0.60.

iShares MSCI Emerging Markets Asia ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $1.2044 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 266.0%.

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.