StoneX Group Inc. Increases Stake in iShares MSCI Emerging Markets ETF $EEM

StoneX Group Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,569 shares of the exchange traded fund’s stock after buying an additional 17,604 shares during the period. StoneX Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $26,000. Maseco LLP purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $27,000. Traub Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $34,000. Hemington Wealth Management bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $34,000. Finally, Gladwyn Financial Advisors Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $35,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

EEM opened at $54.74 on Friday. The company has a market cap of $20.81 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a fifty day simple moving average of $54.39 and a two-hundred day simple moving average of $50.91. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31.

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).