Investors Buy Shares of iShares MSCI Emerging Markets Indx (EEM) on Weakness

Investors purchased shares of iShares MSCI Emerging Markets Indx (NYSEARCA:EEM) on weakness during trading hours on Tuesday. $676.68 million flowed into the stock on the tick-up and $356.48 million flowed out of the stock on the tick-down, for a money net flow of $320.20 million into the stock. Of all stocks tracked, iShares MSCI Emerging Markets Indx had the 3rd highest net in-flow for the day. iShares MSCI Emerging Markets Indx traded down ($0.70) for the day and closed at $50.59

The stock has a market cap of $44,920.00 and a PE ratio of -3.29.

A number of institutional investors and hedge funds have recently modified their holdings of EEM. LeJeune Puetz Investment Counsel LLC purchased a new stake in iShares MSCI Emerging Markets Indx in the 3rd quarter valued at about $103,000. First Personal Financial Services purchased a new stake in iShares MSCI Emerging Markets Indx in the 4th quarter valued at about $137,000. Atlantic Trust LLC raised its holdings in iShares MSCI Emerging Markets Indx by 68.9% in the 3rd quarter. Atlantic Trust LLC now owns 3,223 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 1,315 shares during the period. Lenox Wealth Advisors Inc. purchased a new stake in iShares MSCI Emerging Markets Indx in the 4th quarter valued at about $144,000. Finally, Litman Gregory Asset Management LLC raised its holdings in iShares MSCI Emerging Markets Indx by 52.9% in the 3rd quarter. Litman Gregory Asset Management LLC now owns 3,713 shares of the exchange traded fund’s stock valued at $166,000 after buying an additional 1,285 shares during the period.

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iShares MSCI Emerging Markets Indx Company 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).

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