Clune & Associates LTD. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 3.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,389 shares of the exchange traded fund’s stock after purchasing an additional 2,088 shares during the period. Clune & Associates LTD.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,672,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of EEM. Brighton Jones LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the period. Amarillo National Bank grew its position in iShares MSCI Emerging Markets ETF by 698.5% during the 1st quarter. Amarillo National Bank now owns 547,680 shares of the exchange traded fund’s stock worth $23,934,000 after purchasing an additional 479,088 shares in the last quarter. Diversified Portfolios Inc. raised its stake in iShares MSCI Emerging Markets ETF by 3.3% during the 1st quarter. Diversified Portfolios Inc. now owns 10,971 shares of the exchange traded fund’s stock valued at $479,000 after purchasing an additional 348 shares during the period. Cabana LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at $211,000. Finally, Oppenheimer & Co. Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 17.8% in the first quarter. Oppenheimer & Co. Inc. now owns 114,626 shares of the exchange traded fund’s stock worth $5,009,000 after buying an additional 17,335 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 1.4%
Shares of EEM stock opened at $54.92 on Tuesday. The company has a market capitalization of $20.88 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $55.03. The stock’s fifty day simple moving average is $52.01 and its 200-day simple moving average is $48.24.
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).
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- What Does Downgrade Mean in Investing?
- Louis Vuitton Earnings Show Luxury Bull Market Isn’t Done Yet
- Airline Stocks – Top Airline Stocks to Buy Now
- 3 High-Yield Banks for Investors to Buy on the Dip
- The Risks of Owning Bonds
- 5 Surprising Stocks Set to Benefit From a Future Robotics Boom
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.