37,154 Shares in iShares MSCI Emerging Markets ETF $EEM Bought by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 37,154 shares of the exchange traded fund’s stock, valued at approximately $2,542,000.

Other hedge funds also recently bought and sold shares of the company. Grove Bank & Trust grew its position in shares of iShares MSCI Emerging Markets ETF by 9.1% in the second quarter. Grove Bank & Trust now owns 121,544 shares of the exchange traded fund’s stock valued at $8,315,000 after purchasing an additional 10,128 shares during the last quarter. Trinity Financial Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 2nd quarter. Trinity Financial Advisors LLC now owns 23,097 shares of the exchange traded fund’s stock worth $1,580,000 after purchasing an additional 388 shares during the last quarter. CoreCap Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 28.0% during the 2nd quarter. CoreCap Advisors LLC now owns 209,249 shares of the exchange traded fund’s stock worth $14,315,000 after purchasing an additional 45,822 shares during the last quarter. Noble Wealth Management PBC boosted its stake in iShares MSCI Emerging Markets ETF by 42.8% during the 2nd quarter. Noble Wealth Management PBC now owns 9,360 shares of the exchange traded fund’s stock valued at $640,000 after purchasing an additional 2,805 shares during the period. Finally, Sapient Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $201,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 2.6%

EEM opened at $66.00 on Wednesday. The stock’s 50 day moving average price is $66.56 and its two-hundred day moving average price is $62.87. The firm has a market capitalization of $29.67 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $48.72 and a 12-month high of $71.57.

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.