Joel Isaacson & Co. LLC Buys 47,634 Shares of iShares MSCI Emerging Markets ETF $EEM

Joel Isaacson & Co. LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, Holdings Channel reports. The firm purchased 47,634 shares of the exchange traded fund’s stock, valued at approximately $3,181,000.

A number of other large investors have also added to or reduced their stakes in EEM. First Bancorp Inc ME bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at about $37,000. Silver Grove Financial Group Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 648.0% in the third quarter. Silver Grove Financial Group Inc. now owns 374 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 324 shares during the last quarter. MADDEN SECURITIES Corp purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $27,000. Balance Wealth Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $28,000. Finally, Financial Management Professionals Inc. bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $29,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $62.04 on Thursday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $52.38 and a fifty-two week high of $71.57. The stock has a 50 day simple moving average of $65.09 and a two-hundred day simple moving average of $63.92. The stock has a market cap of $28.76 billion, a P/E ratio of 12.06 and a beta of 0.77.

About iShares MSCI Emerging Markets ETF

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.