Welch & Forbes LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 8.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,627 shares of the exchange traded fund’s stock after selling 1,465 shares during the period. Welch & Forbes LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $754,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in EEM. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $26,000. Maseco LLP purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $27,000. Hemington Wealth Management purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $34,000. Gladwyn Financial Advisors Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $35,000. Finally, Financial Gravity Asset Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at $44,000. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Trading Down 0.2%
iShares MSCI Emerging Markets ETF stock opened at $55.30 on Monday. The company has a market capitalization of $21.03 billion, a P/E ratio of 14.46 and a beta of 0.64. The firm’s fifty day simple moving average is $52.93 and its 200-day simple moving average is $49.21. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31.
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).
Further Reading
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Is Lemonade Stock Set for a Big Squeeze After Earnings?
- How to Use the MarketBeat Excel Dividend Calculator
- Caterpillar Stock Could Top $650 by Year’s End
- How Can Investors Benefit From After-Hours Trading
- ServiceNow’s 5-for-1 Split Is a Signal for Investors to Buy
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
