Wilmington Savings Fund Society FSB Raises Holdings in iShares MSCI Emerging Markets ETF $EEM

Wilmington Savings Fund Society FSB grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 766,018 shares of the exchange traded fund’s stock after acquiring an additional 144,937 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares MSCI Emerging Markets ETF were worth $36,953,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barings LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $24,806,000. US Financial Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 11.6% in the 1st quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock worth $9,918,000 after buying an additional 23,542 shares during the period. Pandora Wealth Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 15.4% in the 2nd quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after buying an additional 1,290 shares during the period. Geneos Wealth Management Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 21.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock worth $5,969,000 after buying an additional 23,772 shares during the period. Finally, Aegis Wealth Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 68.7% in the 1st quarter. Aegis Wealth Management LLC now owns 8,593 shares of the exchange traded fund’s stock worth $376,000 after buying an additional 3,500 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 2.9%

EEM opened at $53.45 on Tuesday. The stock has a market cap of $20.32 billion, a PE ratio of 14.46 and a beta of 0.74. The business has a 50 day moving average of $51.53 and a 200-day moving average of $47.85. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $54.69.

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).