Vestmark Advisory Solutions Inc. Makes New $3.42 Million Investment in iShares MSCI Emerging Markets ETF $EEM

Vestmark Advisory Solutions Inc. bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 63,983 shares of the exchange traded fund’s stock, valued at approximately $3,417,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in iShares MSCI Emerging Markets ETF by 11.6% during the second quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock worth $580,964,000 after purchasing an additional 1,256,608 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in iShares MSCI Emerging Markets ETF by 212.1% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after purchasing an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC increased its position in iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the period. Bank of Nova Scotia increased its position in iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after purchasing an additional 1,700,100 shares during the period. Finally, Invesco Ltd. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $100,644,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $61.65 on Tuesday. The stock’s 50 day moving average price is $57.88 and its 200 day moving average price is $54.78. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $62.36. The company has a market cap of $28.10 billion, a PE ratio of 14.46 and a beta of 0.64.

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). 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.