Short Interest in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) Declines By 56.9%

by · The Markets Daily

iShares Emerging Markets Equity Factor ETF (BATS:EMGF – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 16,272 shares, a decrease of 56.9% from the July 15th total of 37,760 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 135,225 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of iShares Emerging Markets Equity Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of iShares Emerging Markets Equity Factor ETF by 38.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,606 shares of the company’s stock valued at $97,000 after buying an additional 445 shares in the last quarter. Worth Asset Management LLC purchased a new stake in iShares Emerging Markets Equity Factor ETF in the first quarter valued at $506,000. Captrust Financial Advisors boosted its stake in iShares Emerging Markets Equity Factor ETF by 2.2% in the fourth quarter. Captrust Financial Advisors now owns 18,741 shares of the company’s stock valued at $1,084,000 after acquiring an additional 398 shares in the last quarter. Hirtle Callaghan & Co LLC boosted its stake in iShares Emerging Markets Equity Factor ETF by 1.7% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 21,314 shares of the company’s stock valued at $1,233,000 after acquiring an additional 350 shares in the last quarter. Finally, Kickstand Ventures LLC. grew its holdings in shares of iShares Emerging Markets Equity Factor ETF by 0.7% during the fourth quarter. Kickstand Ventures LLC. now owns 22,519 shares of the company’s stock worth $1,303,000 after purchasing an additional 158 shares during the last quarter.

iShares Emerging Markets Equity Factor ETF Price Performance

EMGF stock opened at $71.37 on Friday. The firm’s 50-day moving average is $70.73 and its 200 day moving average is $67.56. The company has a market capitalization of $1.26 billion, a PE ratio of 13.32 and a beta of 0.59. iShares Emerging Markets Equity Factor ETF has a 12 month low of $53.04 and a 12 month high of $76.58.

About iShares Emerging Markets Equity Factor ETF

(Get Free Report)

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.

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