iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Bailard Inc.

Bailard Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 670.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,894,392 shares of the exchange traded fund’s stock after buying an additional 1,648,670 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 2.1% of Bailard Inc.’s investment portfolio, making the stock its 7th largest holding. Bailard Inc. owned approximately 0.50% of iShares MSCI Emerging Markets ETF worth $91,385,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tompkins Financial Corp purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $26,000. Maseco LLP acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $27,000. Hemington Wealth Management acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $34,000. Gladwyn Financial Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $35,000. Finally, Curio Wealth LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $60,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $55.57 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $56.31. The firm’s 50 day moving average price is $53.64 and its 200-day moving average price is $49.83. The firm has a market cap of $21.13 billion, a P/E ratio of 14.46 and a beta of 0.64.

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).