Oppenheimer Asset Management Inc. Buys 718 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Oppenheimer Asset Management Inc. raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,166 shares of the exchange traded fund’s stock after acquiring an additional 718 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,172,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $26,000. Innealta Capital LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $32,000. Covenant Partners LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 870 shares in the last quarter. Finally, Clean Yield Group acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter worth $43,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $37.48 and a 52 week high of $47.44. The stock’s fifty day moving average is $44.82 and its 200-day moving average is $43.45.

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).