iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Grove Bank & Trust

Grove Bank & Trust boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,843 shares of the exchange traded fund’s stock after acquiring an additional 5,789 shares during the quarter. Grove Bank & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $3,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Fairscale Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $26,000. Covenant Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth approximately $37,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $40,000. Finally, West Financial Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $42.09 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $37.83 and a twelve month high of $47.44. The firm’s fifty day simple moving average is $42.82 and its 200 day simple moving average is $43.53.

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).