iShares MSCI Emerging Markets ETF $EEM Shares Bought by Grove Bank & Trust

Grove Bank & Trust increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.1% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 121,544 shares of the exchange traded fund’s stock after acquiring an additional 10,128 shares during the quarter. Grove Bank & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $8,315,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University increased its stake in iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares in the last quarter. Hsbc Holdings PLC raised its holdings in iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after buying an additional 2,823,265 shares during the period. National Bank of Canada FI raised its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares during the period. Finally, Duquesne Family Office LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at about $101,460,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 2.6%

EEM stock opened at $66.00 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $48.72 and a one year high of $71.57. The firm has a 50-day moving average of $66.56 and a two-hundred day moving average of $62.87. The firm has a market capitalization of $29.67 billion, a PE ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF 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.