Rathbones Group PLC grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 5.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,575 shares of the exchange traded fund’s stock after buying an additional 6,655 shares during the period. Rathbones Group PLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,865,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Sowell Financial Services LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 0.3% in the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after purchasing an additional 211 shares during the last quarter. Optimum Investment Advisors grew its holdings in iShares MSCI Emerging Markets ETF by 2.8% during the second quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 214 shares during the last quarter. Red Tortoise LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock valued at $1,385,000 after purchasing an additional 220 shares during the period. Private Wealth Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 0.6% in the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock worth $1,871,000 after buying an additional 236 shares during the last quarter. Finally, Hardin Capital Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% in the second quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 237 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Down 0.3%
NYSEARCA EEM opened at $54.55 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The company has a fifty day simple moving average of $53.42 and a 200 day simple moving average of $49.66. The company has a market cap of $20.74 billion, a P/E 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).
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