Bfsg LLC Purchases Shares of 1,543 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bfsg LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 1,543 shares of the exchange traded fund’s stock, valued at approximately $62,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 70.2% in the fourth quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock worth $133,386,000 after buying an additional 1,368,272 shares during the period. Schroder Investment Management Group boosted its position in shares of iShares MSCI Emerging Markets ETF by 3,860.4% in the third quarter. Schroder Investment Management Group now owns 890,103 shares of the exchange traded fund’s stock worth $33,779,000 after buying an additional 867,628 shares during the period. Factory Mutual Insurance Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 67.5% in the fourth quarter. Factory Mutual Insurance Co. now owns 1,546,400 shares of the exchange traded fund’s stock worth $62,181,000 after buying an additional 623,000 shares during the period. Comerica Bank purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $21,888,000. Finally, International Assets Investment Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 3,625.8% in the fourth quarter. International Assets Investment Management LLC now owns 565,313 shares of the exchange traded fund’s stock worth $22,731,000 after buying an additional 550,140 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.0 %

NYSEARCA:EEM opened at $41.10 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00. The business’s 50-day simple moving average is $40.69 and its 200 day simple moving average is $39.49.

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).