Frontier Asset Management LLC Raises Stock Position in iShares Emerging Markets Equity Factor ETF (BATS:EMGF)

Frontier Asset Management LLC lifted its position in iShares Emerging Markets Equity Factor ETF (BATS:EMGF) by 107.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 222,076 shares of the company’s stock after buying an additional 114,972 shares during the period. iShares Emerging Markets Equity Factor ETF makes up about 3.3% of Frontier Asset Management LLC’s portfolio, making the stock its 11th largest position. Frontier Asset Management LLC’s holdings in iShares Emerging Markets Equity Factor ETF were worth $10,044,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. First Citizens Financial Corp grew its position in shares of iShares Emerging Markets Equity Factor ETF by 6.8% in the 4th quarter. First Citizens Financial Corp now owns 17,431 shares of the company’s stock worth $788,000 after buying an additional 1,109 shares during the last quarter. Captrust Financial Advisors grew 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 worth $1,417,000 after buying an additional 2,199 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new stake in iShares Emerging Markets Equity Factor ETF during the 4th quarter worth approximately $560,000. Strategic Blueprint LLC grew its position in iShares Emerging Markets Equity Factor ETF by 162.6% during the 4th quarter. Strategic Blueprint LLC now owns 35,298 shares of the company’s stock worth $1,596,000 after purchasing an additional 21,854 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in iShares Emerging Markets Equity Factor ETF by 10.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 846,378 shares of the company’s stock worth $42,141,000 after purchasing an additional 78,839 shares during the last quarter.

iShares Emerging Markets Equity Factor ETF Trading Up 6.0 %

BATS:EMGF opened at $47.33 on Friday. The company has a market cap of $747.81 million, a PE ratio of 12.42 and a beta of 0.69. iShares Emerging Markets Equity Factor ETF has a twelve month low of $42.89 and a twelve month high of $51.61. The company’s 50 day moving average is $46.11 and its two-hundred day moving average is $47.27.

iShares Emerging Markets Equity Factor ETF Profile

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.