Conning Inc. acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 53,063 shares of the exchange traded fund’s stock, valued at approximately $3,544,000.
Other large investors also recently bought and sold shares of the company. Magnus Financial Group LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.5% during the third quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 1.0% in the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after purchasing an additional 167 shares in the last quarter. Winter & Associates Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 1.3% in the 3rd quarter. Winter & Associates Inc. now owns 13,962 shares of the exchange traded fund’s stock valued at $884,000 after purchasing an additional 174 shares in the last quarter. Kagan Cocozza Asset Management boosted its holdings in iShares MSCI Emerging Markets ETF by 1.9% in the 1st quarter. Kagan Cocozza Asset Management now owns 10,445 shares of the exchange traded fund’s stock valued at $593,000 after purchasing an additional 191 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 3.9% during the 1st quarter. Koshinski Asset Management Inc. now owns 5,427 shares of the exchange traded fund’s stock worth $308,000 after purchasing an additional 206 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Up 1.6%
NYSEARCA EEM opened at $63.52 on Thursday. The stock has a market capitalization of $29.44 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The business’s 50 day moving average is $66.29 and its two-hundred day moving average is $63.77. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month 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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