Oakworth Capital Inc. Buys 21,454 Shares of iShares MSCI Emerging Markets ETF $EEM

Oakworth Capital Inc. bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,454 shares of the exchange traded fund’s stock, valued at approximately $1,433,000.

A number of other hedge funds have also added to or reduced their stakes in EEM. XP Advisory US Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $566,000. IFP Advisors Inc raised its stake in shares of iShares MSCI Emerging Markets ETF by 233.9% during the 2nd quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock worth $7,105,000 after purchasing an additional 72,758 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $17,116,000. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock valued at $185,008,000 after buying an additional 228,966 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $4,789,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.1%

NYSEARCA EEM opened at $62.52 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $52.38 and a 12 month high of $71.57. The stock has a 50 day moving average of $66.33 and a 200-day moving average of $63.74. The company has a market cap of $28.98 billion, a PE ratio of 14.46 and a beta of 0.74.

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.