iShares MSCI Emerging Markets ETF $EEM Position Increased by Connective Portfolio Management LLC

Connective Portfolio Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 154.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,125 shares of the exchange traded fund’s stock after purchasing an additional 40,125 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 6.2% of Connective Portfolio Management LLC’s portfolio, making the stock its 3rd largest position. Connective Portfolio Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,517,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of 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 buying an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC grew its holdings in 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 acquiring an additional 2,181,269 shares during the period. Invesco Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at $100,644,000. Bank of Nova Scotia lifted its holdings 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 acquiring an additional 1,700,100 shares during the period. Finally, Bailard Inc. boosted its position in shares of 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 purchasing an additional 1,648,670 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.7%

NYSEARCA:EEM opened at $54.80 on Friday. The firm’s fifty day simple moving average is $54.51 and its 200-day simple moving average is $51.73. The stock has a market cap of $20.84 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $56.31.

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.