Gibson Capital LLC Buys 9,209 Shares of iShares MSCI Emerging Markets ETF $EEM

Gibson Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, Holdings Channel.com reports. The firm bought 9,209 shares of the exchange traded fund’s stock, valued at approximately $615,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. CrossGen Wealth LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $35,000. Manning & Napier Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 491.4% during the first quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 516 shares during the last quarter. First Bancorp Inc ME bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $37,000. Finally, Curry Webb Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.5%

EEM stock opened at $62.01 on Friday. The firm’s 50-day moving average is $66.56 and its two-hundred day moving average is $65.87. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52 week low of $52.38 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.