iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Shares Down 0.9% – Here’s What Happened

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) were down 0.9% during trading on Monday . The company traded as low as $26.91 and last traded at $26.8960. Approximately 843 shares traded hands during trading, a decline of 22% from the average daily volume of 1,077 shares. The stock had previously closed at $27.14.

iShares Emerging Markets Infrastructure ETF Price Performance

The stock has a market capitalization of $8.00 million, a PE ratio of 10.93 and a beta of 0.59. The firm’s 50 day simple moving average is $25.98 and its 200 day simple moving average is $24.62.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Jones Financial Companies Lllp acquired a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,207 shares of the company’s stock, valued at approximately $237,000. Jones Financial Companies Lllp owned about 3.74% of iShares Emerging Markets Infrastructure ETF at the end of the most recent quarter.

iShares Emerging Markets Infrastructure ETF Company Profile

iShares Emerging Markets Infrastructure ETF (the Fund), formerly iShares S&P Emerging Markets Infrastructure Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Emerging Markets Infrastructure Index (the Index).