Bangor Savings Bank Has $86,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bangor Savings Bank grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 471.3% during the third quarter, HoldingsChannel.com reports. The firm owned 1,868 shares of the exchange traded fund’s stock after purchasing 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 hedge funds and other institutional investors also recently made changes to their positions in the company. OLD Mission Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth about $880,516,000. Bank of Montreal Can grew its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after purchasing an additional 3,382,010 shares during the last quarter. Jane Street Group LLC grew its holdings 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 worth $1,017,805,000 after purchasing an additional 3,270,493 shares during the last quarter. Nisa Investment Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $74,532,000. Finally, DRW Securities LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $64,675,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $46.19 on Wednesday. The stock’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).