Legacy Trust Buys 3,997 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Legacy Trust boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,169 shares of the exchange traded fund’s stock after acquiring an additional 3,997 shares during the period. Legacy Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $2,182,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $527,000. AQR Capital Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 75.4% in the second quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock valued at $1,363,000 after buying an additional 13,761 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at $3,089,000. Canandaigua National Bank & Trust Co. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $2,030,000. Finally, Park Avenue Securities LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Park Avenue Securities LLC now owns 37,511 shares of the exchange traded fund’s stock worth $1,720,000 after acquiring an additional 486 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $42.49 on Thursday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.26 and a fifty-two week high of $47.44. The business has a 50-day moving average of $42.69 and a 200 day moving average of $43.46.

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).