Ryan Investment Management Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 9.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 158,119 shares of the exchange traded fund’s stock after acquiring an additional 13,516 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 4.7% of Ryan Investment Management Inc.’s portfolio, making the stock its 7th biggest position. Ryan Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $8,444,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth $26,000. Maseco LLP acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at about $27,000. Hemington Wealth Management bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $34,000. Traub Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $34,000. Finally, Gladwyn Financial Advisors Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $35,000. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
Shares of NYSEARCA EEM opened at $53.72 on Friday. The company has a 50 day simple moving average of $54.44 and a 200 day simple moving average of $51.50. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The firm has a market cap of $20.43 billion, a PE ratio of 14.46 and a beta of 0.64.
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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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).
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