iShares MSCI Emerging Markets ETF $EEM Stock Position Raised by Field & Main Bank

Field & Main Bank raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 101.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 177,432 shares of the exchange traded fund’s stock after buying an additional 89,446 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 2.8% of Field & Main Bank’s holdings, making the stock its 8th largest position. Field & Main Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $9,475,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Pandora Wealth Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 15.4% in the 2nd quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 1,290 shares in the last quarter. Clarity Wealth Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 12.0% in the third quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock worth $9,332,000 after purchasing an additional 18,658 shares during the last quarter. Endowment Wealth Management Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 24.7% in the second quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock worth $1,789,000 after purchasing an additional 7,352 shares during the last quarter. Allianz SE lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.9% in the second quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock worth $18,078,000 after buying an additional 10,656 shares in the last quarter. Finally, Allium Financial Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 108.0% during the 2nd quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock worth $3,959,000 after acquiring an additional 42,613 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $60.75 on Thursday. The firm has a fifty day moving average price of $55.63 and a 200 day moving average price of $53.30. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $60.87. The firm has a market cap of $26.00 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). 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.