iShares MSCI Emerging Markets ETF $EEM Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 271.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 837,249 shares of the exchange traded fund’s stock after purchasing an additional 611,962 shares during the period. Resona Asset Management Co. Ltd.’s holdings in iShares MSCI Emerging Markets ETF were worth $44,709,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Versant Capital Management Inc boosted its position in shares of iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 366 shares in the last quarter. Hemington Wealth Management acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $34,000. Traub Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $35,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.6%

Shares of iShares MSCI Emerging Markets ETF stock opened at $59.07 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $59.15. The firm’s 50 day moving average is $55.26 and its two-hundred day moving average is $53.02. The firm has a market capitalization of $25.28 billion, a P/E ratio of 14.46 and a beta of 0.64.

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). 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.