iShares MSCI Emerging Markets ETF $EEM Shares Newly Acquired by Boltwood Capital Management

Boltwood Capital Management purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 11,688 shares of the exchange traded fund’s stock, valued at approximately $781,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Coastline Trust Co bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $5,390,000. QRG Capital Management Inc. grew its position in iShares MSCI Emerging Markets ETF by 26.6% in the 2nd quarter. QRG Capital Management Inc. now owns 6,333 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 1,332 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in iShares MSCI Emerging Markets ETF by 2.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 10,733 shares of the exchange traded fund’s stock valued at $734,000 after purchasing an additional 294 shares during the period. 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 purchasing an additional 228,966 shares during the period. Finally, Tidal Investments LLC increased its stake in iShares MSCI Emerging Markets ETF by 7.0% during the 2nd quarter. Tidal Investments LLC now owns 23,000 shares of the exchange traded fund’s stock valued at $1,573,000 after purchasing an additional 1,500 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.3%

EEM traded up $0.86 during trading on Friday, hitting $67.67. 18,287,725 shares of the company’s stock were exchanged, compared to its average volume of 31,794,145. The business’s 50 day moving average is $66.43 and its two-hundred day moving average is $65.00. iShares MSCI Emerging Markets ETF has a fifty-two week low of $51.82 and a fifty-two week high of $71.57. The stock has a market cap of $31.46 billion, a P/E ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF Company 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.