Simplex Trading LLC Purchases Shares of 340,959 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Simplex Trading LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 340,959 shares of the exchange traded fund’s stock, valued at approximately $13,709,000. Simplex Trading LLC owned approximately 0.08% of iShares MSCI Emerging Markets ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of EEM. Coastline Trust Co raised its holdings in shares of iShares MSCI Emerging Markets ETF by 14.9% during the 3rd quarter. Coastline Trust Co now owns 12,722 shares of the exchange traded fund’s stock valued at $483,000 after buying an additional 1,653 shares in the last quarter. Simplicity Solutions LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $312,000. Baron Financial Group LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 3rd quarter. Baron Financial Group LLC now owns 104,199 shares of the exchange traded fund’s stock valued at $3,954,000 after buying an additional 835 shares in the last quarter. Connecticut Wealth Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 23.4% during the 3rd quarter. Connecticut Wealth Management LLC now owns 63,650 shares of the exchange traded fund’s stock valued at $2,416,000 after buying an additional 12,060 shares in the last quarter. Finally, Oak Harbor Wealth Partners LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 36.5% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 16,721 shares of the exchange traded fund’s stock valued at $635,000 after buying an additional 4,468 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded up $0.46 during trading hours on Friday, reaching $41.16. 24,407,459 shares of the stock traded hands, compared to its average volume of 28,861,344. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $42.00. The company’s 50-day simple moving average is $40.69 and its two-hundred day simple moving average is $39.49.

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).