iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $64.46 and traded as high as $68.93. iShares MSCI Emerging Markets ETF shares last traded at $68.83, with a volume of 21,966,017 shares.
iShares MSCI Emerging Markets ETF Stock Down 2.0%
The firm has a market cap of $31.47 billion, a PE ratio of 14.46 and a beta of 0.74. The firm’s 50 day moving average is $66.08 and its 200-day moving average is $64.60.
Institutional Trading of iShares MSCI Emerging Markets ETF
A number of institutional investors have recently added to or reduced their stakes in EEM. QRG Capital Management Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 26.6% in the 2nd quarter. QRG Capital Management Inc. now owns 6,333 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 1,332 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 10,733 shares of the exchange traded fund’s stock valued at $734,000 after acquiring an additional 294 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 9.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after acquiring an additional 228,966 shares during the last quarter. Tidal Investments LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 7.0% during the second quarter. Tidal Investments LLC now owns 23,000 shares of the exchange traded fund’s stock worth $1,573,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Arlington Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $2,023,000. 81.39% of the stock is owned by hedge funds and other institutional investors.
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). 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.
Further Reading
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
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.
