iShares MSCI Emerging Markets ETF $EEM Shares Newly Purchased by Weil Company Inc.

Weil Company Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 38,181 shares of the exchange traded fund’s stock, valued at approximately $2,550,000.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University boosted its position in shares of iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of iShares MSCI Emerging Markets ETF by 103.3% in the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock worth $82,220,000 after buying an additional 735,539 shares during the last quarter. Finally, Gradient Investments LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $45,301,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 2.1%

EEM stock opened at $64.39 on Thursday. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57. The firm has a market cap of $29.84 billion, a PE ratio of 14.46 and a beta of 0.74. The business has a 50 day moving average of $66.97 and a 200 day moving average of $65.61.

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.