Ninety One UK Ltd Acquires New Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Ninety One UK Ltd bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the second quarter, Holdings Channel.com reports. The firm bought 62,603 shares of the exchange traded fund’s stock, valued at approximately $2,666,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. Cetera Trust Company N.A purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $32,000. Eagle Bay Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 430.9% in the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $34,000. Finally, Jamison Private Wealth Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 836.5% during the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 870 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.7 %

Shares of NYSEARCA EEM traded down $0.32 during midday trading on Tuesday, hitting $43.51. The company’s stock had a trading volume of 5,300,057 shares, compared to its average volume of 28,056,537. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64. The business’s fifty day simple moving average is $42.72 and its two-hundred day simple moving average is $41.72.

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).