Bryn Mawr Trust Advisors LLC Boosts Stake in iShares MSCI Emerging Markets ETF $EEM

Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 214,119 shares of the exchange traded fund’s stock after acquiring an additional 50,079 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $12,160,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EEM. MidAtlantic Capital Management Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. BTG Pactual Asset Management US LLC increased its holdings in iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 3.6%

Shares of EEM opened at $64.50 on Tuesday. The firm has a market cap of $28.56 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The business’s 50 day moving average is $67.28 and its two-hundred day moving average is $61.97. iShares MSCI Emerging Markets ETF has a 52-week low of $47.98 and a 52-week high of $71.57.

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.