iShares MSCI Emerging Markets ETF $EEM Position Boosted by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.5% in the first quarter, Holdings Channel reports. The firm owned 214,119 shares of the exchange traded fund’s stock after purchasing an additional 50,079 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $12,160,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $27,000. BTG Pactual Asset Management US LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 3.6%

EEM stock opened at $64.50 on Tuesday. The stock’s 50 day simple moving average is $67.28 and its 200 day simple moving average is $61.97. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The firm has a market cap of $28.56 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.