iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 140,932 shares of the exchange traded fund’s stock after purchasing an additional 32,920 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,799,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ETF by 11.6% during the second quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock worth $580,964,000 after acquiring an additional 1,256,608 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of 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 purchasing an additional 3,149,813 shares during the period. Bank of Nova Scotia boosted its holdings 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 during the last quarter. Invesco Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $100,644,000. Finally, Raymond James Financial Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after purchasing an additional 313,978 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.2%

iShares MSCI Emerging Markets ETF stock opened at $54.24 on Monday. The stock has a fifty day moving average price of $54.49 and a 200 day moving average price of $51.27. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $56.31. The firm has a market capitalization of $20.62 billion, a P/E ratio of 14.46 and a beta of 0.64.

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).