iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Price Down 0.8% – Here’s Why

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF)’s share price were down 0.8% during trading on Wednesday . The stock traded as low as $20.97 and last traded at $20.96. Approximately 137 shares changed hands during trading, a decline of 80% from the average daily volume of 697 shares. The stock had previously closed at $21.12.

iShares Emerging Markets Infrastructure ETF Trading Down 0.8 %

The business’s 50-day simple moving average is $21.14 and its 200 day simple moving average is $21.70. The company has a market capitalization of $8.38 million, a P/E ratio of 12.66 and a beta of 0.74.

iShares Emerging Markets Infrastructure ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were given a $0.4838 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Hedge Funds Weigh In On iShares Emerging Markets Infrastructure ETF

An institutional investor recently bought a new position in iShares Emerging Markets Infrastructure ETF stock. Flow Traders U.S. LLC bought a new stake in shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,157 shares of the company’s stock, valued at approximately $280,000. Flow Traders U.S. LLC owned approximately 3.04% of iShares Emerging Markets Infrastructure ETF as of its most recent SEC filing.

About iShares Emerging Markets Infrastructure ETF

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).