iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Share Price Pass Below 200-Day Moving Average – Time to Sell?

Shares of iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $22.08 and traded as low as $21.78. iShares Emerging Markets Infrastructure ETF shares last traded at $21.78, with a volume of 196 shares traded.

iShares Emerging Markets Infrastructure ETF Trading Up 0.5 %

The stock has a market cap of $8.71 million, a price-to-earnings ratio of 12.66 and a beta of 0.74. The firm’s 50-day moving average is $22.32 and its two-hundred day moving average is $22.08.

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 acquired a new stake in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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 filing with the Securities and Exchange Commission.

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).