AMG National Trust Bank Buys 14,811 Shares of iShares MSCI Emerging Markets ETF $EEM

AMG National Trust Bank increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,748 shares of the exchange traded fund’s stock after purchasing an additional 14,811 shares during the period. AMG National Trust Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $6,005,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Asempa Wealth Advisors bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $593,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares in the last quarter. Sollinda Capital Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 276.3% in the 4th quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock valued at $1,586,000 after purchasing an additional 21,280 shares during the period. Perigon Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 77.2% in the 4th quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock valued at $8,118,000 after purchasing an additional 64,618 shares during the period. Finally, Kelsey Financial LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $1,038,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $64.50 on Tuesday. The stock has a market capitalization of $28.56 billion, a P/E ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57. The business has a 50-day moving average of $67.28 and a 200-day moving average of $61.97.

About iShares MSCI Emerging Markets ETF

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.