iShares MSCI Emerging Markets ETF $EEM Shares Newly Purchased by Sonata Capital Group Inc.

Sonata Capital Group Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 20,770 shares of the exchange traded fund’s stock, valued at approximately $1,387,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Prairie Advisory LLC grew its holdings in iShares MSCI Emerging Markets ETF by 100.5% during the third quarter. Prairie Advisory LLC now owns 78,996 shares of the exchange traded fund’s stock worth $5,276,000 after buying an additional 39,590 shares in the last quarter. IFP Advisors Inc lifted its stake in iShares MSCI Emerging Markets ETF by 14.0% during the 3rd quarter. IFP Advisors Inc now owns 118,361 shares of the exchange traded fund’s stock valued at $7,905,000 after acquiring an additional 14,502 shares in the last quarter. Fiscal Wisdom Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 28.4% during the 3rd quarter. Fiscal Wisdom Wealth Management LLC now owns 6,442 shares of the exchange traded fund’s stock worth $430,000 after acquiring an additional 1,423 shares during the last quarter. Birch Hill Investment Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $2,496,000. Finally, Gemmer Asset Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 25.2% in the 3rd quarter. Gemmer Asset Management LLC now owns 22,873 shares of the exchange traded fund’s stock worth $1,528,000 after acquiring an additional 4,605 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock traded up $0.55 on Monday, hitting $63.40. The stock had a trading volume of 13,490,832 shares, compared to its average volume of 31,142,607. The business has a 50 day moving average of $66.89 and a 200 day moving average of $65.73. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The stock has a market cap of $29.38 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF Company 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.