Aegis Wealth Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 669.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,179 shares of the exchange traded fund’s stock after purchasing an additional 34,086 shares during the period. iShares MSCI Emerging Markets ETF comprises 1.1% of Aegis Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Aegis Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,092,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. increased its stake 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 buying an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $100,644,000. Bank of Nova Scotia increased its position in shares of iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Finally, Bailard Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 670.9% during the second 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. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
NYSEARCA EEM opened at $60.07 on Monday. The business has a fifty day moving average price of $56.41 and a 200 day moving average price of $53.84. The company has a market cap of $27.38 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $60.95.
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.
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- The day the gold market broke
- Your Bank Account Is No Longer Safe
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
