iShares MSCI Emerging Markets ETF $EEM Stock Holdings Increased by Nvwm LLC

Nvwm LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 23,664 shares of the exchange traded fund’s stock after purchasing an additional 5,171 shares during the quarter. Nvwm LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,142,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $27,000. Hemington Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth about $35,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth about $44,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $54.71 on Friday. The firm has a market cap of $20.80 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a 50-day simple moving average of $53.32 and a 200-day simple moving average of $49.48. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.

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).