iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Sets New 12-Month High at $47.17

Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) reached a new 52-week high during trading on Wednesday . The company traded as high as $47.17 and last traded at $47.17, with a volume of 332379 shares trading hands. The stock had previously closed at $46.19.

iShares MSCI Emerging Markets ETF Price Performance

The business’s 50-day moving average price is $43.05 and its 200 day moving average price is $42.47.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF

Several large investors have recently added to or reduced their stakes in EEM. Harvest Investment Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.0% in the 4th quarter. Harvest Investment Advisors LLC now owns 114,144 shares of the exchange traded fund’s stock valued at $4,590,000 after acquiring an additional 1,145 shares in the last quarter. Sei Investments Co. raised its stake in iShares MSCI Emerging Markets ETF by 166.1% in the first quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after purchasing an additional 121,314 shares in the last quarter. Rafferty Asset Management LLC lifted its position in iShares MSCI Emerging Markets ETF by 270.9% during the fourth quarter. Rafferty Asset Management LLC now owns 172,070 shares of the exchange traded fund’s stock valued at $6,919,000 after purchasing an additional 125,679 shares during the last quarter. Waterford Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $203,000. Finally, Washington Trust Bank increased its holdings in shares of iShares MSCI Emerging Markets ETF by 49.8% in the 4th quarter. Washington Trust Bank now owns 116,077 shares of the exchange traded fund’s stock worth $4,667,000 after buying an additional 38,565 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

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).