Red Tortoise LLC Boosts Holdings in iShares MSCI Emerging Markets ETF $EEM

Red Tortoise LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,704 shares of the exchange traded fund’s stock after buying an additional 220 shares during the period. Red Tortoise LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,385,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of EEM. Goldman Sachs Group Inc. raised its position in iShares MSCI Emerging Markets ETF by 1,097.3% during the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock valued at $1,303,523,000 after purchasing an additional 32,819,730 shares during the period. JPMorgan Chase & Co. lifted its position in iShares MSCI Emerging Markets ETF by 45.2% in the first quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock worth $471,374,000 after buying an additional 3,359,853 shares during the last quarter. USA Financial Formulas purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $67,857,000. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares MSCI Emerging Markets ETF by 1,731.4% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,485,008 shares of the exchange traded fund’s stock valued at $64,541,000 after acquiring an additional 1,403,923 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth about $48,800,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $54.23 on Monday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $54.39. The company has a market capitalization of $20.62 billion, a PE ratio of 14.46 and a beta of 0.74. The firm’s 50-day moving average is $50.93 and its 200 day moving average is $47.46.

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).