JPMorgan Chase & Co. Acquires 78,839 Shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF)

JPMorgan Chase & Co. boosted its holdings in shares of iShares Emerging Markets Equity Factor ETF (BATS:EMGF) by 10.3% in the third quarter, Holdings Channel.com reports. The fund owned 846,378 shares of the company’s stock after buying an additional 78,839 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of iShares Emerging Markets Equity Factor ETF worth $42,141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EMGF. Zions Bancorporation N.A. bought a new position in iShares Emerging Markets Equity Factor ETF during the second quarter worth about $30,000. Farther Finance Advisors LLC raised its holdings in iShares Emerging Markets Equity Factor ETF by 15.0% in the third quarter. Farther Finance Advisors LLC now owns 7,713 shares of the company’s stock worth $385,000 after purchasing an additional 1,008 shares during the period. Strategic Blueprint LLC acquired a new position in shares of iShares Emerging Markets Equity Factor ETF in the 3rd quarter valued at $669,000. First Citizens Financial Corp grew its holdings in shares of iShares Emerging Markets Equity Factor ETF by 6.4% in the 3rd quarter. First Citizens Financial Corp now owns 16,322 shares of the company’s stock valued at $813,000 after buying an additional 975 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of iShares Emerging Markets Equity Factor ETF by 8.4% in the 3rd quarter. Captrust Financial Advisors now owns 28,468 shares of the company’s stock valued at $1,417,000 after buying an additional 2,199 shares in the last quarter.

iShares Emerging Markets Equity Factor ETF Trading Up 0.6 %

EMGF stock opened at $45.45 on Monday. iShares Emerging Markets Equity Factor ETF has a 1-year low of $39.80 and a 1-year high of $53.73. The business’s 50-day moving average price is $47.20 and its two-hundred day moving average price is $47.42. The firm has a market cap of $627.21 million, a PE ratio of 10.68 and a beta of 0.79.

About iShares Emerging Markets Equity Factor ETF

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.