Idaho Trust Co Purchases 13,017 Shares of iShares MSCI Emerging Markets ETF $EEM

Idaho Trust Co purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,017 shares of the exchange traded fund’s stock, valued at approximately $869,000.

Other hedge funds have also modified their holdings of the company. Magnus Financial Group LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the 3rd quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 163 shares during the last quarter. Arcus Capital Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 1.0% in the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after buying an additional 167 shares during the last quarter. Winter & Associates Inc. lifted its position in iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Winter & Associates Inc. now owns 13,962 shares of the exchange traded fund’s stock valued at $884,000 after buying an additional 174 shares during the last quarter. Apella Capital LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.1% during the second quarter. Apella Capital LLC now owns 10,581 shares of the exchange traded fund’s stock worth $695,000 after buying an additional 220 shares during the period. Finally, Adell Harriman & Carpenter Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 2.3% during the first quarter. Adell Harriman & Carpenter Inc. now owns 10,253 shares of the exchange traded fund’s stock worth $582,000 after buying an additional 232 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $61.03 on Tuesday. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57. The firm has a market cap of $28.29 billion, a PE ratio of 14.46 and a beta of 0.77. The company has a 50-day moving average of $65.31 and a two-hundred day moving average of $63.89.

About iShares MSCI Emerging Markets ETF

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.