Traders 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 hours on Wednesday. $371.88 million flowed into the stock on the tick-up and $265.67 million flowed out of the stock on the tick-down, for a money net flow of $106.21 million into the stock. Of all stocks tracked, iShares MSCI Emerging Markets Indx had the 5th highest net in-flow for the day. iShares MSCI Emerging Markets Indx traded down ($0.86) for the day and closed at $43.23

The company also recently declared a semiannual dividend, which was paid on Monday, June 25th. Investors of record on Wednesday, June 20th were given a dividend of $0.2899 per share. This represents a dividend yield of 1.31%. The ex-dividend date was Tuesday, June 19th.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Meitav Dash Investments Ltd. purchased a new stake in iShares MSCI Emerging Markets Indx in the fourth quarter worth approximately $63,245,000. Caisse DE Depot ET Placement DU Quebec boosted its holdings in iShares MSCI Emerging Markets Indx by 6,704.3% in the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,267,822 shares of the exchange traded fund’s stock worth $206,050,000 after purchasing an additional 4,205,100 shares during the last quarter. Northwestern Mutual Investment Management Company LLC boosted its holdings in iShares MSCI Emerging Markets Indx by 618.2% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 4,308,400 shares of the exchange traded fund’s stock worth $208,010,000 after purchasing an additional 3,708,500 shares during the last quarter. Elo Mutual Pension Insurance Co purchased a new stake in iShares MSCI Emerging Markets Indx in the first quarter worth approximately $175,498,000. Finally, JPMorgan Chase & Co. boosted its holdings in iShares MSCI Emerging Markets Indx by 42.8% in the first quarter. JPMorgan Chase & Co. now owns 11,855,011 shares of the exchange traded fund’s stock worth $572,360,000 after purchasing an additional 3,551,630 shares during the last quarter.

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).

Receive News & Ratings for iShares MSCI Emerging Markets Indx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets Indx and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply