Investors Buy Shares of iShares MSCI Emerging Markets Indx (EEM) on Weakness

Investors bought shares of iShares MSCI Emerging Markets Indx (NYSEARCA:EEM) on weakness during trading on Monday. $368.50 million flowed into the stock on the tick-up and $220.99 million flowed out of the stock on the tick-down, for a money net flow of $147.51 million into the stock. Of all stocks tracked, iShares MSCI Emerging Markets Indx had the 4th highest net in-flow for the day. iShares MSCI Emerging Markets Indx traded down ($0.16) for the day and closed at $49.54

The firm has a market capitalization of $43,870.00 and a price-to-earnings ratio of -3.19.

A number of hedge funds and other institutional investors have recently bought and sold shares of EEM. Emerging Sovereign Group LLC increased its stake in shares of iShares MSCI Emerging Markets Indx by 2.3% in the third quarter. Emerging Sovereign Group LLC now owns 138,350 shares of the exchange traded fund’s stock worth $6,199,000 after purchasing an additional 3,100 shares in the last quarter. Smithfield Trust Co. boosted its position in shares of iShares MSCI Emerging Markets Indx by 10.4% in the third quarter. Smithfield Trust Co. now owns 70,539 shares of the exchange traded fund’s stock valued at $3,160,000 after acquiring an additional 6,623 shares during the period. Appleton Partners Inc. MA boosted its position in shares of iShares MSCI Emerging Markets Indx by 14.1% in the fourth quarter. Appleton Partners Inc. MA now owns 35,351 shares of the exchange traded fund’s stock valued at $1,666,000 after acquiring an additional 4,358 shares during the period. Kalos Management Inc. bought a new position in shares of iShares MSCI Emerging Markets Indx in the third quarter valued at approximately $2,088,000. Finally, David R. Rahn & Associates Inc. boosted its position in shares of iShares MSCI Emerging Markets Indx by 1,544.1% in the third quarter. David R. Rahn & Associates Inc. now owns 86,726 shares of the exchange traded fund’s stock valued at $3,886,000 after acquiring an additional 81,451 shares during the period.

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iShares MSCI Emerging Markets Indx 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).

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