Traders sold shares of iShares MSCI Emerging Markets Indx (NYSEARCA:EEM) on strength during trading hours on Friday. $240.02 million flowed into the stock on the tick-up and $633.99 million flowed out of the stock on the tick-down, for a money net flow of $393.97 million out of the stock. Of all stocks tracked, iShares MSCI Emerging Markets Indx had the highest net out-flow for the day. iShares MSCI Emerging Markets Indx traded up $0.47 for the day and closed at $49.51

The firm has a market capitalization of $41,480.00 and a PE ratio of -3.19.

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were given a $0.6966 dividend. The ex-dividend date was Tuesday, December 19th. This represents a dividend yield of 3.05%. This is a boost from iShares MSCI Emerging Markets Indx’s previous semiannual dividend of $0.19. iShares MSCI Emerging Markets Indx’s dividend payout ratio is currently -5.73%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EEM. Retirement Systems of Alabama boosted its stake in iShares MSCI Emerging Markets Indx by 1.2% in the 3rd quarter. Retirement Systems of Alabama now owns 16,413,006 shares of the exchange traded fund’s stock worth $735,467,000 after purchasing an additional 200,000 shares during the period. Ontario Teachers Pension Plan Board boosted its stake in iShares MSCI Emerging Markets Indx by 22.5% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 16,362,632 shares of the exchange traded fund’s stock worth $677,249,000 after purchasing an additional 3,000,000 shares during the period. MKP Capital Management L.L.C. acquired a new position in iShares MSCI Emerging Markets Indx in the 3rd quarter worth $699,036,000. Lincoln National Corp boosted its stake in iShares MSCI Emerging Markets Indx by 5.9% in the 3rd quarter. Lincoln National Corp now owns 15,260,631 shares of the exchange traded fund’s stock worth $683,829,000 after purchasing an additional 848,328 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in iShares MSCI Emerging Markets Indx by 11.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 10,617,683 shares of the exchange traded fund’s stock worth $439,465,000 after purchasing an additional 1,053,005 shares during the period.

WARNING: This piece was first published by Watch List News and is the property of of Watch List News. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.watchlistnews.com/investors-sell-shares-of-ishares-msci-emerging-markets-indx-eem-on-strength-eem/1804893.html.

iShares MSCI Emerging Markets Indx 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).

Receive News & Ratings for iShares MSCI Emerging Markets Indx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets Indx and related companies with MarketBeat.com's FREE daily email newsletter.