PKO Investment Management Joint Stock Co Boosts Stake in iShares MSCI Emerging Markets ETF $EEM

PKO Investment Management Joint Stock Co raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 52.2% during the third quarter, Holdings Channel reports. The firm owned 147,724 shares of the exchange traded fund’s stock after buying an additional 50,650 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in iShares MSCI Emerging Markets ETF were worth $7,888,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at $26,000. Maseco LLP acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $27,000. Hemington Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $34,000. Traub Capital Management LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $34,000. Finally, Gladwyn Financial Advisors Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $35,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $57.94 on Tuesday. The firm has a market cap of $22.92 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm has a 50 day simple moving average of $54.73 and a 200-day simple moving average of $52.48. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $57.97.

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). 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.