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

Investors purchased shares of iShares MSCI Emerging Markets Indx (NYSEARCA:EEM) on weakness during trading on Tuesday. $310.24 million flowed into the stock on the tick-up and $225.64 million flowed out of the stock on the tick-down, for a money net flow of $84.60 million into the stock. Of all equities tracked, iShares MSCI Emerging Markets Indx had the 9th highest net in-flow for the day. iShares MSCI Emerging Markets Indx traded down ($0.17) for the day and closed at $43.16

The firm also recently disclosed a semiannual dividend, which was paid on Monday, June 25th. Investors of record on Wednesday, June 20th were paid a $0.2899 dividend. This represents a yield of 1.31%. The ex-dividend date of this dividend was Tuesday, June 19th.

Large investors have recently added to or reduced their stakes in the stock. Meitav Dash Investments Ltd. purchased a new stake in shares of iShares MSCI Emerging Markets Indx during the fourth quarter valued at about $63,245,000. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI Emerging Markets Indx by 42.8% during the first quarter. JPMorgan Chase & Co. now owns 11,855,011 shares of the exchange traded fund’s stock valued at $572,360,000 after buying an additional 3,551,630 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI Emerging Markets Indx by 2.7% during the first quarter. PNC Financial Services Group Inc. now owns 11,108,859 shares of the exchange traded fund’s stock valued at $536,336,000 after buying an additional 293,122 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its position in shares of iShares MSCI Emerging Markets Indx by 618.2% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 4,308,400 shares of the exchange traded fund’s stock valued at $208,010,000 after buying an additional 3,708,500 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in shares of iShares MSCI Emerging Markets Indx by 6,704.3% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 4,267,822 shares of the exchange traded fund’s stock valued at $206,050,000 after buying an additional 4,205,100 shares during the last quarter.

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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