Burke & Herbert Bank & Trust Co. Increases Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Burke & Herbert Bank & Trust Co. lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 461.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,386 shares of the exchange traded fund’s stock after buying an additional 55,382 shares during the period. Burke & Herbert Bank & Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,870,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Aspect Partners LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 20.1% in the 2nd quarter. Aspect Partners LLC now owns 36,146 shares of the exchange traded fund’s stock valued at $1,539,000 after buying an additional 6,039 shares during the last quarter. Advisor Resource Council grew its position in shares of iShares MSCI Emerging Markets ETF by 20.9% in the 2nd quarter. Advisor Resource Council now owns 21,929 shares of the exchange traded fund’s stock valued at $934,000 after buying an additional 3,790 shares during the last quarter. Patriot Investment Management Group Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 1.6% in the 2nd quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock valued at $683,000 after buying an additional 259 shares during the last quarter. IMC Chicago LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $12,809,000. Finally, Keystone Wealth Services LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $204,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.1 %

Shares of NYSEARCA EEM traded up $0.47 during mid-day trading on Tuesday, reaching $42.67. The company had a trading volume of 20,756,062 shares, compared to its average volume of 28,263,490. The firm has a 50 day simple moving average of $42.63 and a two-hundred day simple moving average of $41.57. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $44.64.

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).