Trust Co. of Vermont Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Trust Co. of Vermont bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,288 shares of the exchange traded fund’s stock, valued at approximately $1,046,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Clearstead Trust LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $262,000. Buska Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 224.1% during the 2nd quarter. Buska Wealth Management LLC now owns 41,823 shares of the exchange traded fund’s stock worth $2,861,000 after buying an additional 28,918 shares during the last quarter. Taylor & Morgan Wealth Management LLC increased its position in iShares MSCI Emerging Markets ETF by 2.3% in the second quarter. Taylor & Morgan Wealth Management LLC now owns 20,723 shares of the exchange traded fund’s stock worth $1,418,000 after buying an additional 475 shares during the period. JFS Wealth Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 9.3% in the second quarter. JFS Wealth Advisors LLC now owns 41,783 shares of the exchange traded fund’s stock worth $2,858,000 after buying an additional 3,549 shares during the period. Finally, Fiduciary Financial Group LLC increased its position in iShares MSCI Emerging Markets ETF by 13.2% in the second quarter. Fiduciary Financial Group LLC now owns 8,677 shares of the exchange traded fund’s stock worth $594,000 after buying an additional 1,014 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $65.34 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $49.35 and a 1 year high of $71.57. The stock has a market capitalization of $29.37 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average is $66.11 and its two-hundred day moving average is $63.38.

About iShares MSCI Emerging Markets ETF

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.