Washington Trust Bank Purchases 10,685 Shares of iShares MSCI Emerging Markets ETF $EEM

Washington Trust Bank lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,530 shares of the exchange traded fund’s stock after purchasing an additional 10,685 shares during the period. Washington Trust Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $5,992,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Richardson Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $33,000. Finally, Woodside Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.1%

NYSEARCA:EEM opened at $67.89 on Tuesday. The stock’s 50-day moving average is $60.18 and its 200-day moving average is $57.91. The stock has a market cap of $30.06 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 1-year low of $45.23 and a 1-year high of $68.15.

iShares MSCI Emerging Markets ETF Profile

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.