Templeton Emerging Markets Fund (NYSE:EMF) Stock Price Up 0.1%

Templeton Emerging Markets Fund (NYSE:EMF) shares rose 0.1% during mid-day trading on Monday . The company traded as high as $12.98 and last traded at $12.84. 21,859 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 23,029 shares. The stock had previously closed at $12.83.

Templeton Emerging Markets Fund Stock Up 0.1 %

The company’s 50 day moving average is $12.54 and its 200 day moving average is $12.12.

Hedge Funds Weigh In On Templeton Emerging Markets Fund

Several hedge funds have recently bought and sold shares of EMF. Logan Stone Capital LLC acquired a new stake in Templeton Emerging Markets Fund in the 2nd quarter valued at about $789,000. City of London Investment Management Co. Ltd. grew its position in shares of Templeton Emerging Markets Fund by 2.6% in the second quarter. City of London Investment Management Co. Ltd. now owns 3,730,251 shares of the financial services provider’s stock valued at $46,106,000 after purchasing an additional 94,263 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of Templeton Emerging Markets Fund by 10.3% in the second quarter. Blue Bell Private Wealth Management LLC now owns 18,336 shares of the financial services provider’s stock valued at $227,000 after purchasing an additional 1,712 shares during the last quarter. SouthState Corp purchased a new position in shares of Templeton Emerging Markets Fund during the 2nd quarter worth approximately $58,000. Finally, Wolverine Asset Management LLC raised its position in shares of Templeton Emerging Markets Fund by 72.6% during the 2nd quarter. Wolverine Asset Management LLC now owns 57,240 shares of the financial services provider’s stock worth $707,000 after purchasing an additional 24,073 shares during the last quarter. 49.86% of the stock is owned by hedge funds and other institutional investors.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.