iShares MSCI Emerging Markets ETF $EEM Holdings Boosted by Bank of Nova Scotia

Bank of Nova Scotia lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 314.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,240,422 shares of the exchange traded fund’s stock after purchasing an additional 1,700,100 shares during the quarter. Bank of Nova Scotia owned about 0.59% of iShares MSCI Emerging Markets ETF worth $108,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in EEM. Brighton Jones LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AlphaCore Capital LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $139,000. National Bank of Canada FI increased its position in iShares MSCI Emerging Markets ETF by 1,185.3% in the 1st quarter. National Bank of Canada FI now owns 15,308 shares of the exchange traded fund’s stock valued at $670,000 after acquiring an additional 14,117 shares during the period. Zions Bancorporation National Association UT acquired a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $538,000. Finally, JPMorgan Chase & Co. raised its stake in iShares MSCI Emerging Markets ETF by 45.2% during the 1st quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock valued at $471,374,000 after acquiring an additional 3,359,853 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $54.74 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $56.31. The stock’s fifty day moving average is $54.39 and its 200-day moving average is $50.97. The firm has a market capitalization of $20.81 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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).