iShares MSCI Emerging Markets ETF $EEM Stake Lifted by Csenge Advisory Group

Csenge Advisory Group lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 38.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 226,058 shares of the exchange traded fund’s stock after buying an additional 62,432 shares during the period. iShares MSCI Emerging Markets ETF makes up 0.6% of Csenge Advisory Group’s investment portfolio, making the stock its 29th largest holding. Csenge Advisory Group’s holdings in iShares MSCI Emerging Markets ETF were worth $15,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of EEM. Idaho Trust Co acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $869,000. Texas Bank & Trust Co raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.2% in the third quarter. Texas Bank & Trust Co now owns 32,049 shares of the exchange traded fund’s stock valued at $2,141,000 after buying an additional 984 shares during the last quarter. Consolidated Investment Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $4,321,000. AlphaCore Capital LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 57.8% during the third quarter. AlphaCore Capital LLC now owns 14,220 shares of the exchange traded fund’s stock worth $950,000 after buying an additional 5,209 shares during the period. Finally, Retirement Systems of Alabama acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $609,880,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.8%

NYSEARCA EEM opened at $60.57 on Wednesday. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57. The business’s 50-day moving average price is $65.18 and its 200 day moving average price is $63.90. The firm has a market cap of $28.07 billion, a P/E ratio of 12.06 and a beta of 0.77.

iShares MSCI Emerging Markets ETF 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.