101,133 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Brighton Jones LLC

Brighton Jones LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 101,133 shares of the exchange traded fund’s stock, valued at approximately $6,755,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EEM. First Bancorp Inc ME purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $37,000. MADDEN SECURITIES Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $27,000. Balance Wealth Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $28,000. Financial Management Professionals Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $29,000. Finally, Curry Webb Wealth Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $40,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 2.2%

Shares of EEM stock opened at $59.33 on Friday. The company has a market cap of $27.50 billion, a PE ratio of 14.46 and a beta of 0.77. The company’s fifty day simple moving average is $65.43 and its 200-day simple moving average is $63.88. iShares MSCI Emerging Markets ETF has a 52 week low of $52.38 and a 52 week 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.