James Hambro & Partners LLP purchased a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,000 shares of the exchange traded fund’s stock, valued at approximately $1,669,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Founders Financial Securities LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after acquiring an additional 163 shares in the last quarter. Arcus Capital Partners LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.0% in the first 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. Discipline Wealth Solutions LLC grew its stake in iShares MSCI Emerging Markets ETF by 2.3% in the first quarter. Discipline Wealth Solutions LLC now owns 8,212 shares of the exchange traded fund’s stock valued at $466,000 after purchasing an additional 187 shares in the last quarter. Kagan Cocozza Asset Management grew its stake in iShares MSCI Emerging Markets ETF by 1.9% in the first 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 shares of 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 last quarter. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Trading Up 0.9%
Shares of NYSEARCA:EEM traded up $0.56 during trading on Monday, hitting $63.41. 13,278,072 shares of the company were exchanged, compared to its average volume of 31,142,607. iShares MSCI Emerging Markets ETF has a fifty-two week low of $52.38 and a fifty-two week high of $71.57. The stock has a market cap of $29.39 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm has a fifty day moving average price of $66.89 and a two-hundred day moving average price of $65.73.
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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