iShares MSCI Emerging Markets ETF (EEM) Position Boosted by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,653 shares of the exchange traded fund’s stock after purchasing an additional 2,675 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in iShares MSCI Emerging Markets ETF were worth $2,180,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of EEM. PICTET BANK & TRUST Ltd lifted its holdings in iShares MSCI Emerging Markets ETF by 25.8% in the second quarter. PICTET BANK & TRUST Ltd now owns 57,100 shares of the exchange traded fund’s stock valued at $2,363,000 after buying an additional 11,700 shares during the period. David R. Rahn & Associates Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 1,544.1% in the third quarter. David R. Rahn & Associates Inc. now owns 86,726 shares of the exchange traded fund’s stock valued at $3,886,000 after buying an additional 81,451 shares during the period. TIAA FSB lifted its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the third quarter. TIAA FSB now owns 1,960,928 shares of the exchange traded fund’s stock valued at $87,869,000 after buying an additional 33,135 shares during the period. Intercontinental Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at $1,476,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares MSCI Emerging Markets ETF by 295.2% in the second quarter. JPMorgan Chase & Co. now owns 8,984,144 shares of the exchange traded fund’s stock valued at $371,855,000 after buying an additional 6,710,818 shares during the period.

ILLEGAL ACTIVITY NOTICE: This story was first posted by Week Herald and is owned by of Week Herald. If you are accessing this story on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark laws. The correct version of this story can be accessed at https://weekherald.com/2017/11/15/parsons-capital-management-inc-ri-purchases-2675-shares-of-ishares-msci-emerging-markets-indx-eem.html.

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) traded down $0.31 during mid-day trading on Tuesday, reaching $45.88. 56,678,121 shares of the company traded hands. iShares MSCI Emerging Markets ETF has a 1-year low of $33.94 and a 1-year high of $46.87.

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).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply