Private Trust Co. NA Boosts Holdings in iShares MSCI Emerging Markets ETF $EEM

Private Trust Co. NA raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 145.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,015 shares of the exchange traded fund’s stock after purchasing an additional 10,678 shares during the period. Private Trust Co. NA’s holdings in iShares MSCI Emerging Markets ETF were worth $962,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in EEM. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in iShares MSCI Emerging Markets ETF by 212.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after buying an additional 3,149,813 shares during the period. Corient Private Wealth LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 206.0% in the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $100,644,000. Bank of Nova Scotia grew its holdings in shares of iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Finally, Bailard Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 670.9% in the second quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock worth $91,385,000 after purchasing an additional 1,648,670 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $54.80 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31. The company has a market capitalization of $20.84 billion, a P/E ratio of 14.46 and a beta of 0.64. The firm’s 50 day simple moving average is $54.51 and its 200 day simple moving average is $51.73.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.