Conning Inc. raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 3.0% in the second quarter, HoldingsChannel reports. The fund owned 70,131 shares of the exchange traded fund’s stock after purchasing an additional 2,048 shares during the period. Conning Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,383,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently bought and sold shares of the stock. Trust Co. of Toledo NA OH acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $348,000. Verger Capital Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 0.5% in the second quarter. Verger Capital Management LLC now owns 240,407 shares of the exchange traded fund’s stock valued at $11,597,000 after acquiring an additional 1,148 shares during the period. Eastern Bank lifted its holdings in iShares MSCI Emerging Markets ETF by 44.6% in the second quarter. Eastern Bank now owns 4,690 shares of the exchange traded fund’s stock valued at $226,000 after acquiring an additional 1,447 shares during the period. Lmcg Investments LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 43.6% in the second quarter. Lmcg Investments LLC now owns 187,313 shares of the exchange traded fund’s stock valued at $9,036,000 after acquiring an additional 56,896 shares during the period. Finally, Croban lifted its holdings in iShares MSCI Emerging Markets ETF by 6.0% in the second quarter. Croban now owns 27,368 shares of the exchange traded fund’s stock valued at $1,320,000 after acquiring an additional 1,547 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
iShares MSCI Emerging Markets ETF stock opened at $51.94 on Friday. The stock has a market capitalization of $19.75 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $54.69. The business has a 50 day simple moving average of $51.43 and a 200-day simple moving average of $47.74.
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).
Recommended Stories
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Dividend Payout Ratio Calculator
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- Stock Average Calculator
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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.