iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stake Boosted by Midwest Professional Planners LTD.

Midwest Professional Planners LTD. grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,727 shares of the exchange traded fund’s stock after acquiring an additional 1,551 shares during the period. Midwest Professional Planners LTD.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,243,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Atria Investments Inc boosted its holdings in iShares MSCI Emerging Markets ETF by 10.0% in the third quarter. Atria Investments Inc now owns 28,043 shares of the exchange traded fund’s stock worth $1,286,000 after purchasing an additional 2,539 shares in the last quarter. Harbour Investments Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 5.8% in the third quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after purchasing an additional 2,653 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 4.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 165,227 shares of the exchange traded fund’s stock worth $7,577,000 after purchasing an additional 6,376 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 35.3% in the third quarter. Victory Capital Management Inc. now owns 377,979 shares of the exchange traded fund’s stock worth $17,334,000 after purchasing an additional 98,646 shares in the last quarter. Finally, Haverford Trust Co boosted its holdings in iShares MSCI Emerging Markets ETF by 6.3% in the third quarter. Haverford Trust Co now owns 14,857 shares of the exchange traded fund’s stock worth $681,000 after purchasing an additional 885 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $43.78 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44. The company has a 50-day moving average of $43.14 and a two-hundred day moving average of $43.71. The stock has a market capitalization of $16.21 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).