iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Connective Portfolio Management LLC

Connective Portfolio Management LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 154.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,125 shares of the exchange traded fund’s stock after acquiring an additional 40,125 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 6.2% of Connective Portfolio Management LLC’s holdings, making the stock its 3rd biggest position. Connective Portfolio Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,517,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in iShares MSCI Emerging Markets ETF by 11.6% in the second quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock valued at $580,964,000 after purchasing an additional 1,256,608 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 212.1% during the second 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 buying an additional 3,149,813 shares during the last quarter. Corient Private Wealth LLC increased its position in iShares MSCI Emerging Markets ETF by 206.0% in the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after acquiring an additional 2,181,269 shares during the period. Bank of Nova Scotia raised its stake in iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after acquiring an additional 1,700,100 shares during the last quarter. Finally, Invesco Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $100,644,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.7%

Shares of EEM stock opened at $54.80 on Friday. The company has a market capitalization of $20.84 billion, a P/E ratio of 14.46 and a beta of 0.64. The business’s 50 day moving average is $54.51 and its two-hundred day moving average is $51.73. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $56.31.

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). 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.