Bangor Savings Bank Buys 1,541 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bangor Savings Bank raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 471.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,868 shares of the exchange traded fund’s stock after acquiring an additional 1,541 shares during the period. Bangor Savings Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $86,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Woodmont Investment Counsel LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. Innealta Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at about $32,000. Jamison Private Wealth Management Inc. grew its position in iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 870 shares during the last quarter. Finally, Clean Yield Group acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $43,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $46.19 on Wednesday. The company’s 50 day moving average is $43.44 and its 200-day moving average is $42.64. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $47.44.

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).