440,473 Shares in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Acquired by Madison Investment Advisors LLC

Madison Investment Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 440,473 shares of the company’s stock, valued at approximately $31,560,000. Madison Investment Advisors LLC owned about 6.99% of iShares MSCI Emerging Markets Asia ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Kovitz Investment Group Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth approximately $209,000. JPMorgan Chase & Co. grew its holdings in iShares MSCI Emerging Markets Asia ETF by 41.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock valued at $232,000 after buying an additional 867 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at $674,000. Bank of New York Mellon Corp grew its holdings in iShares MSCI Emerging Markets Asia ETF by 2.6% in the 4th quarter. Bank of New York Mellon Corp now owns 84,746 shares of the company’s stock valued at $6,072,000 after buying an additional 2,181 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Emerging Markets Asia ETF in the 3rd quarter valued at $9,425,000.

iShares MSCI Emerging Markets Asia ETF Price Performance

Shares of NASDAQ EEMA opened at $75.07 on Thursday. The stock’s fifty day moving average price is $73.32 and its two-hundred day moving average price is $74.49. iShares MSCI Emerging Markets Asia ETF has a one year low of $65.67 and a one year high of $82.13. The firm has a market cap of $472.94 million, a price-to-earnings ratio of 15.28 and a beta of 0.69.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $1.0001 dividend. This is a positive change from iShares MSCI Emerging Markets Asia ETF’s previous dividend of $0.31. The ex-dividend date was Tuesday, December 17th.

iShares MSCI Emerging Markets Asia ETF Profile

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.