Coldstream Capital Management Inc. raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 2.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 352,325 shares of the exchange traded fund’s stock after buying an additional 7,937 shares during the quarter. Coldstream Capital Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $16,996,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of EEM. Tompkins Financial Corp bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $26,000. Maseco LLP acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $27,000. Hemington Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $34,000. Traub Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $35,000. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Trading Down 0.0%
EEM stock opened at $53.10 on Friday. The stock has a market cap of $20.19 billion, a P/E ratio of 14.46 and a beta of 0.64. The stock’s fifty day simple moving average is $54.15 and its two-hundred day simple moving average is $50.34. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31.
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).
Read More
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- How to Invest in Small Cap Stocks
- MP Materials Stock Soared After Earnings—Here’s the Real Reason
- Technology Stocks Explained: Here’s What to Know About Tech
- Why Palantir Slide May Be a Setup for a Long-Term Opportunity
- How to Buy Cheap Stocks Step by Step
- Attention Income Investors: This REIT Is on Sale
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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.
