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

Investors purchased shares of iShares MSCI Emerging Markets Indx (NYSE:EEM) on weakness during trading on Monday. $188.27 million flowed into the stock on the tick-up and $73.49 million flowed out of the stock on the tick-down, for a money net flow of $114.78 million into the stock. Of all equities tracked, iShares MSCI Emerging Markets Indx had the 2nd highest net in-flow for the day. iShares MSCI Emerging Markets Indx traded down ($0.03) for the day and closed at $45.60

The company has a 50-day moving average price of $45.11 and a 200-day moving average price of $42.43.

Hedge funds and other institutional investors have recently modified their holdings of the company. Oakworth Capital Inc. grew its holdings in shares of iShares MSCI Emerging Markets Indx by 4.7% during the second quarter. Oakworth Capital Inc. now owns 2,430 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 110 shares in the last quarter. Mondrian Investment Partners LTD purchased a new stake in iShares MSCI Emerging Markets Indx in the second quarter worth approximately $105,000. Regal Wealth Group Inc. boosted its stake in iShares MSCI Emerging Markets Indx by 0.3% in the second quarter. Regal Wealth Group Inc. now owns 2,902 shares of the exchange traded fund’s stock worth $120,000 after buying an additional 8 shares in the last quarter. Accurate Investment Solutions Inc. purchased a new stake in iShares MSCI Emerging Markets Indx in the second quarter worth approximately $126,000. Finally, Burt Wealth Advisors boosted its stake in iShares MSCI Emerging Markets Indx by 9.6% in the second quarter. Burt Wealth Advisors now owns 3,003 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 263 shares in the last quarter.

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About iShares MSCI Emerging Markets Indx

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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