iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Position Increased by Coastline Trust Co

Coastline Trust Co increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,137 shares of the exchange traded fund’s stock after purchasing an additional 700 shares during the quarter. Coastline Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $419,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in EEM. Jane Street Group LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 15.2% in the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after acquiring an additional 3,270,493 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter valued at $880,516,000. Bank of Montreal Can lifted its position in iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after purchasing an additional 3,382,010 shares during the period. LPL Financial LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.8% during the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock worth $84,972,000 after buying an additional 35,297 shares in the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $74,532,000. 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 $42.95 on Friday. The firm has a fifty day moving average of $44.84 and a 200-day moving average of $43.48. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-week high of $47.44.

About iShares MSCI Emerging Markets ETF

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).