Simplex Trading LLC Purchases 142,501 Shares of iShares MSCI Emerging Markets ETF $EEM

Simplex Trading LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 86.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 306,415 shares of the exchange traded fund’s stock after buying an additional 142,501 shares during the period. Simplex Trading LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $14,781,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $26,000. Maseco LLP bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $27,000. Hemington Wealth Management bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $34,000. Gladwyn Financial Advisors Inc. bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $35,000. Finally, Financial Gravity Asset Management Inc. bought a new position in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $44,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of iShares MSCI Emerging Markets ETF stock opened at $55.65 on Tuesday. The stock has a 50 day moving average of $53.04 and a 200 day moving average of $49.31. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $56.31. The firm has a market cap of $21.16 billion, a PE ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

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).