iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Aegis Wealth Management LLC

Aegis Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 669.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,179 shares of the exchange traded fund’s stock after acquiring an additional 34,086 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for 1.1% of Aegis Wealth Management LLC’s holdings, making the stock its 28th largest position. Aegis Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Banco Bilbao Vizcaya Argentaria S.A. grew its position in 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 valued at $223,062,000 after buying an additional 3,149,813 shares during the period. Corient Private Wealth LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Invesco Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $100,644,000. Bank of Nova Scotia increased its stake in shares of iShares MSCI Emerging Markets ETF by 314.6% in 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 purchasing an additional 1,700,100 shares in the last quarter. Finally, Bailard Inc. increased its stake in shares of iShares MSCI Emerging Markets ETF by 670.9% in the 2nd quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock valued at $91,385,000 after purchasing an additional 1,648,670 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 2.6%

Shares of EEM stock opened at $60.07 on Monday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $60.95. The business’s 50 day moving average is $56.41 and its two-hundred day moving average is $53.84. The company has a market capitalization of $27.38 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). 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.