iShares MSCI Emerging Markets ETF $EEM Shares Newly Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 123,630 shares of the exchange traded fund’s stock, valued at approximately $8,257,000.

Other large investors also recently made changes to their positions in the company. XP Advisory US Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $566,000. IFP Advisors Inc lifted its holdings in iShares MSCI Emerging Markets ETF by 233.9% in the second quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock worth $7,105,000 after purchasing an additional 72,758 shares during the period. First Heartland Consultants Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $17,116,000. Envestnet Asset Management Inc. grew its position in iShares MSCI Emerging Markets ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock valued at $185,008,000 after buying an additional 228,966 shares in the last quarter. Finally, Buska Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 77.9% in the 3rd quarter. Buska Wealth Management LLC now owns 74,384 shares of the exchange traded fund’s stock valued at $4,968,000 after buying an additional 32,561 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.6%

Shares of EEM opened at $63.52 on Thursday. The firm has a market capitalization of $29.44 billion, a PE ratio of 14.46 and a beta of 0.74. The firm has a 50-day moving average price of $66.29 and a 200 day moving average price of $63.77. 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 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.