10,320 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Geneva Partners LLC

Geneva Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, Holdings Channel.com reports. The firm purchased 10,320 shares of the exchange traded fund’s stock, valued at approximately $689,000.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after purchasing an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University raised its stake in iShares MSCI Emerging Markets ETF by 102.7% during the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after purchasing an additional 4,577,226 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $68,571,000. Fifth Third Bancorp raised its stake in iShares MSCI Emerging Markets ETF by 103.3% during the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock valued at $82,220,000 after purchasing an additional 735,539 shares during the period. Finally, Gradient Investments LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $45,301,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.3%

EEM opened at $61.82 on Tuesday. The stock has a fifty day moving average of $66.52 and a 200-day moving average of $63.69. The firm has a market capitalization of $28.65 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57.

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.