Select Asset Management & Trust Has $4.09 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Select Asset Management & Trust raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.7% during the third quarter, Holdings Channel reports. The firm owned 76,550 shares of the exchange traded fund’s stock after buying an additional 18,000 shares during the period. iShares MSCI Emerging Markets ETF comprises 1.3% of Select Asset Management & Trust’s holdings, making the stock its 16th biggest holding. Select Asset Management & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $4,088,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Emerging Markets ETF by 11.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock worth $580,964,000 after buying an additional 1,256,608 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its position in iShares MSCI Emerging Markets ETF by 212.1% in 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 acquiring an additional 3,149,813 shares during the period. Corient Private Wealth LLC raised its stake in iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Bank of Nova Scotia lifted 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 valued at $108,078,000 after acquiring an additional 1,700,100 shares during the period. Finally, Invesco Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $100,644,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $59.07 on Friday. The firm has a market cap of $25.28 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm’s 50-day simple moving average is $55.26 and its 200-day simple moving average is $53.02. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $59.15.

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.