CIBC Asset Management Inc Buys 9,819 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

CIBC Asset Management Inc boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,598 shares of the exchange traded fund’s stock after acquiring an additional 9,819 shares during the period. CIBC Asset Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $6,264,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Fairscale Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Innealta Capital LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $32,000. Covenant Partners LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares in the last quarter. Finally, Clean Yield Group bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $43,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $42.95 on Monday. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-week high of $47.44. The stock’s 50 day moving average price is $44.84 and its two-hundred day moving average price is $43.50.

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).