Chesapeake Wealth Management Raises Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Chesapeake Wealth Management increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,661 shares of the exchange traded fund’s stock after buying an additional 346 shares during the quarter. Chesapeake Wealth Management’s holdings in iShares MSCI Emerging Markets ETF were worth $710,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 15.2% during 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. OLD Mission Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at $880,516,000. TD Asset Management Inc increased its stake in iShares MSCI Emerging Markets ETF by 657.0% during the 4th quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after buying an additional 3,798,757 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 21.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,597,437 shares of the exchange traded fund’s stock worth $144,653,000 after buying an additional 632,842 shares in the last quarter. Finally, Greenleaf Trust boosted its position in iShares MSCI Emerging Markets ETF by 13.0% in the 1st quarter. Greenleaf Trust now owns 2,577,270 shares of the exchange traded fund’s stock valued at $105,874,000 after buying an additional 296,134 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 Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $43.69 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $44.64. The business has a 50-day moving average of $42.73 and a 200-day moving average of $42.21.

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).