Select Asset Management & Trust Buys 18,000 Shares of iShares MSCI Emerging Markets ETF $EEM

Select Asset Management & Trust grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,550 shares of the exchange traded fund’s stock after purchasing an additional 18,000 shares during the period. iShares MSCI Emerging Markets ETF comprises about 1.3% of Select Asset Management & Trust’s investment portfolio, making the stock its 16th biggest position. Select Asset Management & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $4,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Gries Financial LLC grew its position in iShares MSCI Emerging Markets ETF by 1.3% during the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 187 shares in the last quarter. Brown Lisle Cummings Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 201 shares during the period. Optimum Investment Advisors lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.8% in the 2nd quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 214 shares during the period. Westmount Partners LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 2.0% during the 3rd quarter. Westmount Partners LLC now owns 10,894 shares of the exchange traded fund’s stock worth $586,000 after purchasing an additional 218 shares in the last quarter. Finally, Red Tortoise LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.8% during the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock valued at $1,385,000 after purchasing an additional 220 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of NYSEARCA EEM opened at $59.07 on Friday. The firm has a market capitalization of $25.28 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $59.15. The business has a fifty day simple moving average of $55.26 and a 200 day simple moving average of $53.02.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.