Madison Investment Advisors LLC Invests $31.56 Million in iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)

Madison Investment Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) during the 4th quarter, HoldingsChannel reports. The fund bought 440,473 shares of the company’s stock, valued at approximately $31,560,000. Madison Investment Advisors LLC owned 0.07% of iShares MSCI Emerging Markets Asia ETF as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of EEMA. Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth $9,425,000. BNP Paribas Financial Markets acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth $674,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets Asia ETF during the 3rd quarter worth $209,000. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 2.6% during the 4th quarter. Bank of New York Mellon Corp now owns 84,746 shares of the company’s stock worth $6,072,000 after purchasing an additional 2,181 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Emerging Markets Asia ETF by 41.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,960 shares of the company’s stock worth $232,000 after purchasing an additional 867 shares in the last quarter.

iShares MSCI Emerging Markets Asia ETF Stock Up 0.5 %

Shares of EEMA stock opened at $75.07 on Thursday. iShares MSCI Emerging Markets Asia ETF has a twelve month low of $65.67 and a twelve month high of $82.13. The company has a market cap of $472.94 million, a P/E ratio of 15.28 and a beta of 0.69. The business has a fifty day simple moving average of $73.32 and a 200 day simple moving average of $74.49.

iShares MSCI Emerging Markets Asia ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $1.0001 per share. This is an increase 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 Company 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.