Bank of New York Mellon Corp Has $6.07 Million Holdings in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)

Bank of New York Mellon Corp increased its stake in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 84,746 shares of the company’s stock after purchasing an additional 2,181 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI Emerging Markets Asia ETF were worth $6,072,000 as of its most recent SEC filing.

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

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of iShares MSCI Emerging Markets Asia ETF stock opened at $75.53 on Monday. The firm has a market cap of $475.84 million, a price-to-earnings ratio of 15.28 and a beta of 0.69. The stock’s 50-day moving average is $73.44 and its 200-day moving average is $74.52. iShares MSCI Emerging Markets Asia ETF has a one year low of $65.67 and a one year high of $82.13.

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.