Templeton Emerging Markets Fund (NYSE:EMF) Trading 0.2% Higher

Templeton Emerging Markets Fund (NYSE:EMF) was up 0.2% during mid-day trading on Monday . The company traded as high as $12.48 and last traded at $12.38. Approximately 19,060 shares changed hands during trading, a decline of 25% from the average daily volume of 25,302 shares. The stock had previously closed at $12.36.

Templeton Emerging Markets Fund Trading Down 0.1 %

The firm’s fifty day moving average price is $12.15 and its two-hundred day moving average price is $11.77.

Hedge Funds Weigh In On Templeton Emerging Markets Fund

Institutional investors and hedge funds have recently modified their holdings of the company. AQR Arbitrage LLC boosted its position in Templeton Emerging Markets Fund by 46.8% in the third quarter. AQR Arbitrage LLC now owns 39,250 shares of the financial services provider’s stock worth $444,000 after purchasing an additional 12,519 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 9.2% in the fourth quarter. Capital Investment Advisors LLC now owns 44,365 shares of the financial services provider’s stock worth $518,000 after buying an additional 3,740 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Templeton Emerging Markets Fund during the fourth quarter valued at approximately $29,000. Uncommon Cents Investing LLC increased its holdings in Templeton Emerging Markets Fund by 44.9% during the fourth quarter. Uncommon Cents Investing LLC now owns 46,402 shares of the financial services provider’s stock valued at $542,000 after buying an additional 14,381 shares during the last quarter. Finally, Alexander Randolph Advisory Inc. bought a new position in Templeton Emerging Markets Fund in the fourth quarter worth approximately $1,390,000. 49.86% of the stock is currently owned by hedge funds and other institutional investors.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.