Klingman & Associates LLC Boosts Stake in iShares MSCI Emerging Markets ETF $EEM

Klingman & Associates LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.5% in the 2nd quarter, Holdings Channel reports. The firm owned 20,470 shares of the exchange traded fund’s stock after buying an additional 298 shares during the quarter. Klingman & Associates LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $987,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Pittenger & Anderson Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 155.6% in the second quarter. Pittenger & Anderson Inc. now owns 11,500 shares of the exchange traded fund’s stock worth $555,000 after buying an additional 7,000 shares during the period. Fairway Wealth LLC grew its position in iShares MSCI Emerging Markets ETF by 16.6% in the 2nd quarter. Fairway Wealth LLC now owns 242,545 shares of the exchange traded fund’s stock valued at $11,700,000 after acquiring an additional 34,453 shares during the last quarter. Balboa Wealth Partners purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $713,000. Calamos Wealth Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 0.6% in the second quarter. Calamos Wealth Management LLC now owns 102,893 shares of the exchange traded fund’s stock worth $4,964,000 after purchasing an additional 602 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 227.2% during the second quarter. International Assets Investment Management LLC now owns 18,388 shares of the exchange traded fund’s stock valued at $887,000 after purchasing an additional 12,769 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $54.92 on Tuesday. The company has a market capitalization of $20.88 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $55.03. The firm’s 50-day moving average is $52.01 and its 200 day moving average is $48.24.

iShares MSCI Emerging Markets ETF Company 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).