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

Washington Trust Bank grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,977 shares of the exchange traded fund’s stock after buying an additional 4,234 shares during the period. Washington Trust Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $1,787,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. OLD Mission Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth approximately $880,516,000. Bank of Montreal Can boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after purchasing an additional 3,382,010 shares during the last quarter. Jane Street Group LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 15.2% in the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock valued at $1,017,805,000 after purchasing an additional 3,270,493 shares during the period. Nisa Investment Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at $74,532,000. Finally, National Bank of Canada FI increased its stake in iShares MSCI Emerging Markets ETF by 503.4% in the first quarter. National Bank of Canada FI now owns 1,123,308 shares of the exchange traded fund’s stock valued at $47,740,000 after purchasing an additional 937,141 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.9 %

NYSEARCA:EEM traded up $0.86 during mid-day trading on Thursday, reaching $45.65. The company’s stock had a trading volume of 2,414,480 shares, compared to its average volume of 28,274,555. The company’s fifty day simple moving average is $44.68 and its two-hundred day simple moving average is $43.33. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44.

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).