Verdence Capital Advisors LLC Has $15.11 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

Verdence Capital Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 271,251 shares of the exchange traded fund’s stock after buying an additional 31,014 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 0.9% of Verdence Capital Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Verdence Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $15,111,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of EEM. JPMorgan Chase & Co. boosted its holdings in iShares MSCI Emerging Markets ETF by 11.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock valued at $580,964,000 after purchasing an additional 1,256,608 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after buying an additional 3,149,813 shares during the period. Corient Private Wealth LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after buying an additional 2,181,269 shares during the period. Bank of Nova Scotia grew its position in iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after buying an additional 1,700,100 shares in the last quarter. Finally, Invesco Ltd. bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at about $100,644,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.4%

iShares MSCI Emerging Markets ETF stock opened at $57.87 on Monday. The business has a 50 day moving average price of $54.97 and a two-hundred day moving average price of $52.75. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $58.38. The stock has a market cap of $23.59 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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). 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.