iShares MSCI Emerging Markets ETF $EEM Shares Newly Bought by NTV Asset Management LLC

NTV Asset Management LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 259,487 shares of the exchange traded fund’s stock, valued at approximately $17,331,000. iShares MSCI Emerging Markets ETF comprises about 1.6% of NTV Asset Management LLC’s holdings, making the stock its 10th largest holding.

Other institutional investors also recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. CrossGen Wealth LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $35,000. Manning & Napier Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 491.4% in the first quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 516 shares in the last quarter. First Bancorp Inc ME purchased a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $37,000. Finally, Curry Webb Wealth Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $62.01 on Friday. The business’s 50 day moving average price is $66.56 and its 200-day moving average price is $65.87. The firm has a market capitalization of $28.74 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57.

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.