iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) Stock Price Down 0.8% – Should You Sell?

iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) shares dropped 0.8% during trading on Wednesday . The company 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 Stock Performance

The stock has a market cap of $8.38 million, a price-to-earnings ratio of 12.66 and a beta of 0.74. The company’s 50 day simple moving average is $21.14 and its two-hundred day simple moving average is $21.70.

iShares Emerging Markets Infrastructure ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.4838 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares Emerging Markets Infrastructure ETF

A hedge fund recently bought a new stake in iShares Emerging Markets Infrastructure ETF stock. Flow Traders U.S. LLC purchased a new position in iShares Emerging Markets Infrastructure ETF (NASDAQ:EMIF) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,157 shares of the company’s stock, valued at approximately $280,000. Flow Traders U.S. LLC owned about 3.04% of iShares Emerging Markets Infrastructure ETF at the end of the most recent reporting period.

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).