Vawter Financial Ltd. Invests $444,000 in iShares MSCI Emerging Markets ETF $EEM

Vawter Financial Ltd. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, Holdings Channel.com reports. The fund bought 8,308 shares of the exchange traded fund’s stock, valued at approximately $444,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in iShares MSCI Emerging Markets ETF by 212.1% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock worth $223,062,000 after acquiring an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares in the last quarter. Invesco Ltd. purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at $100,644,000. Bank of Nova Scotia raised its stake in iShares MSCI Emerging Markets ETF by 314.6% in the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after buying an additional 1,700,100 shares in the last quarter. Finally, Bailard Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 670.9% during the 2nd quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock worth $91,385,000 after buying an additional 1,648,670 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $62.62 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $62.84. The stock has a market cap of $28.55 billion, a P/E ratio of 14.46 and a beta of 0.64. The stock has a 50-day simple moving average of $58.07 and a 200-day simple moving average of $54.87.

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.