iShares MSCI Emerging Markets ETF $EEM Stake Boosted by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 68,802 shares of the exchange traded fund’s stock after purchasing an additional 5,104 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of EEM. Tompkins Financial Corp purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $27,000. Golden State Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares in the last quarter. Hemington Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $34,000. Finally, Gladwyn Financial Advisors Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $35,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $55.69 on Wednesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $55.77. The stock’s 50-day moving average is $52.60 and its two-hundred day moving average is $48.87. The stock has a market cap of $21.18 billion, a PE ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

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).