iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Bought by Saxon Interests Inc.

Saxon Interests Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,632 shares of the exchange traded fund’s stock after purchasing an additional 336 shares during the quarter. Saxon Interests Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,054,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Leo Brokerage LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth about $887,000. Private Advisor Group LLC purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $4,114,000. Contravisory Investment Management Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 10.1% during the first quarter. Contravisory Investment Management Inc. now owns 4,335 shares of the exchange traded fund’s stock worth $171,000 after purchasing an additional 399 shares in the last quarter. First Commonwealth Financial Corp PA lifted its position in shares of iShares MSCI Emerging Markets ETF by 4.5% during the 4th quarter. First Commonwealth Financial Corp PA now owns 94,004 shares of the exchange traded fund’s stock worth $3,563,000 after buying an additional 4,022 shares during the last quarter. Finally, ZRC Wealth Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at $43,000. 76.58% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM traded down $0.29 during midday trading on Tuesday, hitting $38.79. 8,199,551 shares of the company were exchanged, compared to its average volume of 30,997,541. iShares MSCI Emerging Markets ETF has a fifty-two week low of $33.49 and a fifty-two week high of $42.53. The company has a fifty day simple moving average of $39.87 and a 200 day simple moving average of $39.41.

iShares MSCI Emerging Markets ETF 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).