Burke & Herbert Bank & Trust Co. increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Get Rating) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,622 shares of the exchange traded fund’s stock after buying an additional 550 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $365,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. McElhenny Sheffield Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $101,000. Triangle Securities Wealth Management boosted its position in iShares MSCI Emerging Markets ETF by 30.4% during the 4th quarter. Triangle Securities Wealth Management now owns 8,570 shares of the exchange traded fund’s stock worth $325,000 after acquiring an additional 2,000 shares during the period. Enterprise Bank & Trust Co acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $211,000. Accurate Wealth Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $27,000. Finally, EWG Elevate Inc. boosted its position in iShares MSCI Emerging Markets ETF by 4.2% during the 4th quarter. EWG Elevate Inc. now owns 10,213 shares of the exchange traded fund’s stock worth $387,000 after acquiring an additional 412 shares during the period. 82.29% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Trading Down 0.6 %
Shares of EEM stock opened at $37.61 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $33.49 and a 1 year high of $46.78. The stock has a fifty day moving average of $40.05 and a two-hundred day moving average of $38.20.
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).
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