Horizon Bancorp Inc. IN Raises Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Horizon Bancorp Inc. IN lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 96,906 shares of the exchange traded fund’s stock after purchasing an additional 21,743 shares during the period. iShares MSCI Emerging Markets ETF comprises 1.9% of Horizon Bancorp Inc. IN’s portfolio, making the stock its 12th largest holding. Horizon Bancorp Inc. IN’s holdings in iShares MSCI Emerging Markets ETF were worth $3,981,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EEM. Woodmont Investment Counsel LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $27,000. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Cetera Trust Company N.A purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth $32,000. Eagle Bay Advisors LLC lifted its stake 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 worth $32,000 after purchasing an additional 655 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $34,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.5 %

Shares of iShares MSCI Emerging Markets ETF stock traded up $0.63 during trading on Thursday, reaching $43.45. 27,233,348 shares of the stock traded hands, compared to its average volume of 25,364,356. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $43.87. The business has a fifty day simple moving average of $42.49 and a two-hundred day simple moving average of $40.86.

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).