iShares MSCI Emerging Markets ETF $EEM Shares Bought by Bristlecone Advisors LLC

Bristlecone Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,150 shares of the exchange traded fund’s stock after buying an additional 430 shares during the quarter. Bristlecone Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $152,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Sowell Financial Services LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.3% during the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after purchasing an additional 211 shares in the last quarter. Optimum Investment Advisors lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.8% during the second quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 214 shares in the last quarter. Red Tortoise LLC lifted 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 worth $1,385,000 after purchasing an additional 220 shares in the last quarter. Private Wealth Asset Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.6% during the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock worth $1,871,000 after purchasing an additional 236 shares in the last quarter. Finally, Hardin Capital Partners LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 3.2% during the second quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after purchasing an additional 237 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $56.01 on Thursday. The stock has a market capitalization of $21.30 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The company’s 50-day simple moving average is $52.72 and its 200-day simple moving average is $48.97.

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).