iShares MSCI Emerging Markets ETF Target of Unusually Large Options Trading (NYSEARCA:EEM)

by · The Cerbat Gem

iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Get Free Report) saw unusually large options trading on Thursday. Stock investors purchased 439,645 call options on the company. This represents an increase of 66% compared to the average volume of 264,970 call options.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

NYSEARCA EEM traded up $0.34 during mid-day trading on Thursday, hitting $58.09. The company’s stock had a trading volume of 60,418,114 shares, compared to its average volume of 37,858,012. The firm has a market capitalization of $22.98 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The company’s 50 day simple moving average is $54.84 and its 200 day simple moving average is $52.58. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $58.38.

Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Gries Financial LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 187 shares in the last quarter. Brown Lisle Cummings Inc. raised its position in iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 201 shares during the last quarter. Accredited Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 206 shares in the last quarter. Sowell Financial Services LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 0.3% during the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares during the last quarter. Finally, United Capital Financial Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 0.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock worth $3,136,000 after acquiring an additional 213 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

About iShares MSCI Emerging Markets ETF

(Get Free Report)

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

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