Mather Group LLC. acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the third quarter, HoldingsChannel.com reports. The firm acquired 33,445 shares of the exchange traded fund’s stock, valued at approximately $2,234,000.
Other large investors have also modified their holdings of the company. First Bancorp Inc ME purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $37,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. MidFirst Bank purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. CrossGen Wealth LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $35,000. Finally, Manning & Napier Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 491.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 516 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Down 1.7%
NYSEARCA:EEM traded down $1.11 during trading hours on Friday, reaching $62.85. 31,508,835 shares of the company’s stock were exchanged, compared to its average volume of 31,234,523. The firm has a market capitalization of $29.13 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The company has a 50-day moving average of $66.89 and a 200 day moving average of $65.65. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57.
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.
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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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