iShares MSCI Emerging Markets ETF $EEM Shares Bought by Pittenger & Anderson Inc.

Pittenger & Anderson Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 155.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,500 shares of the exchange traded fund’s stock after purchasing an additional 7,000 shares during the quarter. Pittenger & Anderson Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $555,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Barings LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth approximately $24,806,000. US Financial Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 11.6% during the first quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock worth $9,918,000 after acquiring an additional 23,542 shares during the last quarter. Pandora Wealth Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 15.4% during the second quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after acquiring an additional 1,290 shares during the last quarter. Endowment Wealth Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 24.7% during the second quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock worth $1,789,000 after acquiring an additional 7,352 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 21.1% during the first quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock worth $5,969,000 after acquiring an additional 23,772 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.1%

Shares of EEM opened at $54.31 on Wednesday. The firm has a market cap of $20.65 billion, a PE ratio of 14.46 and a beta of 0.74. The company’s 50 day simple moving average is $52.09 and its 200-day simple moving average is $48.28. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $55.03.

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).