iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Short Interest Update

iShares Emerging Markets Equity Factor ETF (BATS:EMGF) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 58,453 shares, a decrease of 53.1% from the April 15th total of 124,701 shares. Based on an average daily volume of 90,491 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

A number of hedge funds have recently bought and sold shares of EMGF. Root Financial Partners LLC bought a new stake in iShares Emerging Markets Equity Factor ETF during the third quarter worth $43,000. Worth Asset Management LLC bought a new stake in iShares Emerging Markets Equity Factor ETF during the first quarter worth $506,000. Captrust Financial Advisors lifted its holdings in iShares Emerging Markets Equity Factor ETF by 2.2% during the fourth quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock worth $1,084,000 after acquiring an additional 398 shares during the period. First Citizens Financial Corp lifted its holdings in iShares Emerging Markets Equity Factor ETF by 8.4% during the fourth quarter. First Citizens Financial Corp now owns 19,135 shares of the company’s stock worth $1,107,000 after acquiring an additional 1,486 shares during the period. Finally, Hirtle Callaghan & Co LLC lifted its holdings in iShares Emerging Markets Equity Factor ETF by 1.7% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock worth $1,233,000 after acquiring an additional 350 shares during the period.

iShares Emerging Markets Equity Factor ETF Stock Performance

BATS:EMGF opened at $69.83 on Friday. iShares Emerging Markets Equity Factor ETF has a 52 week low of $49.11 and a 52 week high of $73.26. The firm has a 50-day moving average price of $64.68 and a two-hundred day moving average price of $61.82. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 13.32 and a beta of 0.59.

About iShares Emerging Markets Equity Factor ETF

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.