iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Sets New 1-Year High at $42.19

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.19 and last traded at $42.15, with a volume of 34094563 shares trading hands. The stock had previously closed at $41.03.

iShares MSCI Emerging Markets ETF Stock Performance

The firm has a 50 day moving average of $40.77 and a 200-day moving average of $39.58.

Institutional Trading of iShares MSCI Emerging Markets ETF

Several hedge funds have recently modified their holdings of EEM. Woodmont Investment Counsel LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. Anchor Investment Management LLC acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $32,000. Eagle Bay Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 655 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds 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).