Central Bank & Trust Co. acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 47,132 shares of the exchange traded fund’s stock, valued at approximately $3,148,000.
Several other institutional investors and hedge funds also recently made changes to their positions in EEM. First Bancorp Inc ME bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $37,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. MidFirst Bank bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Finally, Windsor Advisory Group LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $32,000. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
Shares of iShares MSCI Emerging Markets ETF stock traded up $0.51 on Friday, reaching $66.61. 7,361,776 shares of the company were exchanged, compared to its average volume of 31,442,227. The stock’s 50 day moving average price is $66.91 and its 200-day moving average price is $65.35. The company has a market cap of $30.87 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1-year low of $51.82 and a 1-year high of $71.57.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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