First Nebraska Trust Co purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 8,500 shares of the exchange traded fund’s stock, valued at approximately $483,000.
Several other large investors have also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the first quarter worth $27,000. Jessup Wealth Management Inc bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. Finally, Elevated Capital Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
NYSEARCA EEM opened at $64.09 on Monday. The company has a 50-day simple moving average of $66.64 and a two-hundred day simple moving average of $62.77. 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 $28.81 billion, a price-to-earnings 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.
Read More
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
