Legacy Trust Raises Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Legacy Trust raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,169 shares of the exchange traded fund’s stock after buying an additional 3,997 shares during the quarter. Legacy Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $2,182,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at $37,000. Covenant Partners LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 790 shares in the last quarter. Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000. Bristlecone Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $65,000. Finally, West Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth approximately $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.0 %

Shares of EEM opened at $42.49 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.26 and a 1-year high of $47.44. The firm’s 50 day simple moving average is $42.69 and its 200 day simple moving average is $43.46.

iShares MSCI Emerging Markets ETF 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).