Rathbones Group PLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 5.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,575 shares of the exchange traded fund’s stock after buying an additional 6,655 shares during the quarter. Rathbones Group PLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,865,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of EEM. Tompkins Financial Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Maseco LLP acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $27,000. Hemington Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $35,000. Finally, Curio Wealth LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $60,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
Shares of iShares MSCI Emerging Markets ETF stock opened at $54.55 on Monday. The firm has a market cap of $20.74 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a 50-day simple moving average of $53.42 and a 200-day simple moving average of $49.66. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.
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).
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