iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by Eastern Bank

Eastern Bank grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,916 shares of the exchange traded fund’s stock after acquiring an additional 545 shares during the quarter. Eastern Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $206,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Clarus Wealth Advisors boosted its stake in iShares MSCI Emerging Markets ETF by 0.7% during the 3rd quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 232 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 279 shares during the period. One Wealth Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.6% during the third quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 280 shares in the last quarter. Chesapeake Wealth Management grew its holdings in iShares MSCI Emerging Markets ETF by 2.1% during the second quarter. Chesapeake Wealth Management now owns 16,661 shares of the exchange traded fund’s stock worth $710,000 after acquiring an additional 346 shares during the period. Finally, Chicago Partners Investment Group LLC raised its position in iShares MSCI Emerging Markets ETF by 0.6% in the third quarter. Chicago Partners Investment Group LLC now owns 59,565 shares of the exchange traded fund’s stock worth $2,694,000 after acquiring an additional 353 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $41.27 on Wednesday. The company has a 50-day moving average of $43.01 and a 200-day moving average of $43.56. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44.

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).