iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Brighton Jones LLC

Brighton Jones LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 117,013 shares of the exchange traded fund’s stock after acquiring an additional 453 shares during the quarter. Brighton Jones LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,645,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $26,000. Maseco LLP acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $27,000. Golden State Wealth Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares during the last quarter. Hemington Wealth Management purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $34,000. Finally, Gladwyn Financial Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $35,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $55.10 on Friday. The company’s 50 day simple moving average is $52.37 and its 200-day simple moving average is $48.61. The company has a market capitalization of $20.95 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $55.21.

iShares MSCI Emerging Markets ETF 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).