Integrity Advisory Solutions LLC bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,993 shares of the exchange traded fund’s stock, valued at approximately $1,135,000.
A number of other hedge funds have also recently bought and sold shares of EEM. First Bancorp Inc ME bought a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $37,000. MADDEN SECURITIES Corp purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $27,000. Balance Wealth Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $28,000. Financial Management Professionals Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $29,000. Finally, Curry Webb Wealth Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $40,000. 81.39% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
NYSEARCA EEM opened at $61.10 on Wednesday. The company’s 50 day simple moving average is $65.89 and its two-hundred day simple moving average is $63.85. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57. The stock has a market capitalization of $28.32 billion, a PE ratio of 14.46 and a beta of 0.77.
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.
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