Field & Main Bank acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 199,651 shares of the exchange traded fund’s stock, valued at approximately $13,658,000. iShares MSCI Emerging Markets ETF comprises 2.2% of Field & Main Bank’s holdings, making the stock its 6th largest position.
Several other institutional investors and hedge funds have also modified their holdings of EEM. MidAtlantic Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. BTG Pactual Asset Management US LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Down 0.7%
Shares of NYSEARCA:EEM opened at $67.14 on Friday. The company has a market cap of $30.18 billion, a P/E ratio of 14.46 and a beta of 0.74. The business has a fifty day simple moving average of $65.85 and a 200-day simple moving average of $63.77. iShares MSCI Emerging Markets ETF has a 52 week low of $49.35 and a 52 week high of $71.57.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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