Oppenheimer & Co. Inc. Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Oppenheimer & Co. Inc. acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 123,630 shares of the exchange traded fund’s stock, valued at approximately $8,257,000.

Several other large investors have also bought and sold shares of EEM. Financial Management Professionals Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $29,000. Manning & Napier Advisors LLC lifted its holdings 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 acquiring an additional 516 shares during the last quarter. First Bancorp Inc ME bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $37,000. Curry Webb Wealth Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $40,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $44,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $63.52 on Thursday. The firm’s 50 day moving average is $66.29 and its 200-day moving average is $63.77. The stock has a market capitalization of $29.44 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month 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.