Schwab Charitable Fund Invests $250,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Schwab Charitable Fund acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,088 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. Klingman & Associates LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% during the first quarter. Klingman & Associates LLC now owns 17,171 shares of the exchange traded fund’s stock worth $705,000 after purchasing an additional 252 shares during the period. Joseph Group Capital Management increased its stake in shares of iShares MSCI Emerging Markets ETF by 12.2% in the fourth quarter. Joseph Group Capital Management now owns 2,414 shares of the exchange traded fund’s stock worth $97,000 after acquiring an additional 263 shares during the period. Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 2.7% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,677 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 280 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in iShares MSCI Emerging Markets ETF by 15.3% during the first quarter. Hazlett Burt & Watson Inc. now owns 2,166 shares of the exchange traded fund’s stock valued at $89,000 after purchasing an additional 287 shares during the period. Finally, DB Fitzpatrick & Co Inc boosted its holdings in iShares MSCI Emerging Markets ETF by 1.4% in the fourth quarter. DB Fitzpatrick & Co Inc now owns 20,667 shares of the exchange traded fund’s stock valued at $831,000 after purchasing an additional 291 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM traded down $0.60 during midday trading on Friday, hitting $41.60. 34,956,447 shares of the company were exchanged, compared to its average volume of 26,159,942. The company’s 50 day simple moving average is $42.76 and its 200 day simple moving average is $41.39. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $44.64.

iShares MSCI Emerging Markets ETF Profile

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).