iShares MSCI Emerging Markets ETF $EEM Shares Newly Acquired by Sigma Planning Corp

Sigma Planning Corp bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,374 shares of the exchange traded fund’s stock, valued at approximately $2,029,000.

Several other hedge funds also recently modified their holdings of EEM. Bank of America Corp DE lifted its position in iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after buying an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University grew its holdings in iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after buying an additional 4,577,226 shares during the period. Halbert Hargrove Global Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $68,571,000. Fifth Third Bancorp grew its holdings in iShares MSCI Emerging Markets ETF by 103.3% in the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock valued at $82,220,000 after buying an additional 735,539 shares during the period. Finally, Gradient Investments LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $45,301,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $62.52 on Wednesday. The firm has a market cap of $28.98 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57. The firm’s 50-day simple moving average is $66.33 and its 200-day simple moving average is $63.74.

About iShares MSCI Emerging Markets ETF

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.