Brighton Jones LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 101,133 shares of the exchange traded fund’s stock, valued at approximately $6,755,000.
A number of other large investors have also modified their holdings of EEM. MADDEN SECURITIES Corp acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $27,000. Balance Wealth Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $28,000. Financial Management Professionals Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $29,000. Manning & Napier Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 491.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 516 shares during the period. Finally, First Bancorp Inc ME acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 2.2%
Shares of NYSEARCA:EEM opened at $59.33 on Friday. The company has a market capitalization of $27.50 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77. The company has a 50 day moving average of $65.43 and a two-hundred day moving average of $63.88. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57.
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.
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