Wilmington Savings Fund Society FSB Boosts Stock Position in iShares MSCI Emerging Markets ETF $EEM

Wilmington Savings Fund Society FSB lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 766,018 shares of the exchange traded fund’s stock after purchasing an additional 144,937 shares during the quarter. Wilmington Savings Fund Society FSB owned 0.20% of iShares MSCI Emerging Markets ETF worth $36,953,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEM. Tompkins Financial Corp purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $26,000. Maseco LLP purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $27,000. Golden State Wealth Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares in the last quarter. Hemington Wealth Management purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $34,000. Finally, Dunhill Financial LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 796 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $53.45 on Tuesday. The stock has a market capitalization of $20.32 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $54.69. The business has a 50-day moving average of $51.53 and a 200 day moving average of $47.85.

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).