iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Bailard Inc.

Bailard Inc. boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 670.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,894,392 shares of the exchange traded fund’s stock after acquiring an additional 1,648,670 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 2.1% of Bailard Inc.’s investment portfolio, making the stock its 7th largest position. Bailard Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $91,385,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Tompkins Financial Corp purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $26,000. Maseco LLP acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $27,000. Hemington Wealth Management purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $34,000. Gladwyn Financial Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth $35,000. Finally, Curio Wealth LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $60,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.1%

Shares of EEM stock opened at $55.57 on Wednesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $56.31. The firm’s 50 day moving average price is $53.64 and its two-hundred day moving average price is $49.83. The stock has a market cap of $21.13 billion, a price-to-earnings 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).