Oppenheimer & Co. Inc. Boosts Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Oppenheimer & Co. Inc. boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 79,626 shares of the exchange traded fund’s stock after acquiring an additional 1,439 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,391,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Idaho Trust Bank purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $230,000. NINE MASTS CAPITAL Ltd lifted its stake in shares of iShares MSCI Emerging Markets ETF by 24.5% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 330,500 shares of the exchange traded fund’s stock worth $14,076,000 after purchasing an additional 65,000 shares during the period. Thornburg Investment Management Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 74.3% during the 2nd quarter. Thornburg Investment Management Inc. now owns 13,558 shares of the exchange traded fund’s stock worth $577,000 after purchasing an additional 5,780 shares during the period. American Century Companies Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $527,000. Finally, LPL Financial LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 1.8% during the 2nd quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock worth $84,972,000 after purchasing an additional 35,297 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $42.83 on Monday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $44.64. The business’s fifty day moving average is $42.81 and its two-hundred day moving average is $42.13.

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).