James Hambro & Partners LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 25,000 shares of the exchange traded fund’s stock, valued at approximately $1,669,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. First Bancorp Inc ME bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $37,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at $27,000. MidFirst Bank bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. CrossGen Wealth LLC bought a new stake in iShares MSCI Emerging Markets ETF in the first quarter worth $35,000. Finally, Manning & Napier Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 491.4% during the first quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 516 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
NYSEARCA EEM traded up $0.56 on Monday, hitting $63.41. 13,278,072 shares of the stock were exchanged, compared to its average volume of 31,142,607. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57. The firm has a market capitalization of $29.39 billion, a P/E ratio of 14.46 and a beta of 0.74. The stock has a fifty day moving average price of $66.89 and a two-hundred day moving average price of $65.73.
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). 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.
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