iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Holdings Raised by Eastern Bank

Eastern Bank increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,916 shares of the exchange traded fund’s stock after purchasing an additional 545 shares during the quarter. Eastern Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $206,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Fairscale Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $26,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $37,000. Covenant Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in 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 during the period. Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $65,000. Finally, West Financial Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at about $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.1 %

Shares of EEM stock opened at $41.27 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $37.48 and a 12 month high of $47.44. The stock has a 50 day moving average of $43.01 and a two-hundred day moving average of $43.56.

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).