32,857 Shares in iShares MSCI Emerging Markets ETF $EEM Bought by Rockland Trust Co.

Rockland Trust Co. purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 32,857 shares of the exchange traded fund’s stock, valued at approximately $2,195,000.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares MSCI Emerging Markets ETF by 22.8% in the 1st 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 acquiring an additional 6,929,284 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University grew its holdings in shares of iShares MSCI Emerging Markets ETF by 102.7% during 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 increased its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the period. Fifth Third Bancorp increased its position in shares of iShares MSCI Emerging Markets ETF by 103.3% in the first quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock worth $82,220,000 after purchasing an additional 735,539 shares during the period. Finally, Gemsstock Ltd. increased its position in shares of iShares MSCI Emerging Markets ETF by 1,205.3% in the fourth quarter. Gemsstock Ltd. now owns 678,757 shares of the exchange traded fund’s stock worth $38,650,000 after purchasing an additional 626,757 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock traded up $1.00 during midday trading on Monday, reaching $68.67. The company had a trading volume of 8,221,339 shares, compared to its average volume of 31,669,689. iShares MSCI Emerging Markets ETF has a 1-year low of $51.82 and a 1-year high of $71.57. The stock has a 50 day moving average price of $66.51 and a 200-day moving average price of $65.07. The company has a market capitalization of $31.92 billion, a price-to-earnings 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.