iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Horizon Bancorp Inc. IN

Horizon Bancorp Inc. IN increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.9% in the first quarter, HoldingsChannel reports. The firm owned 96,906 shares of the exchange traded fund’s stock after acquiring an additional 21,743 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for 1.9% of Horizon Bancorp Inc. IN’s portfolio, making the stock its 12th biggest position. Horizon Bancorp Inc. IN’s holdings in iShares MSCI Emerging Markets ETF were worth $3,981,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth approximately $27,000. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. Cetera Trust Company N.A acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $32,000. Eagle Bay Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 430.9% in the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 655 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock traded up $0.63 on Thursday, hitting $43.45. The company had a trading volume of 27,233,348 shares, compared to its average volume of 25,364,356. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $43.87. The company has a 50-day moving average price of $42.49 and a 200-day moving average price of $40.86.

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).