Allianz SE boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 2.9% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 374,750 shares of the exchange traded fund’s stock after purchasing an additional 10,656 shares during the period. Allianz SE owned about 0.10% of iShares MSCI Emerging Markets ETF worth $18,078,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $26,000. Maseco LLP purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter worth $27,000. Hemington Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter worth $34,000. Gladwyn Financial Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $35,000. Finally, Curio Wealth LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $60,000. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of EEM stock opened at $55.58 on Thursday. The firm has a market cap of $21.13 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $56.31. The firm’s 50-day simple moving average is $53.76 and its two-hundred day simple moving average is $49.87.
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).
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