Independence Bank of Kentucky Purchases 4,505 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Independence Bank of Kentucky lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,470 shares of the exchange traded fund’s stock after acquiring an additional 4,505 shares during the period. Independence Bank of Kentucky’s holdings in iShares MSCI Emerging Markets ETF were worth $2,696,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Harbour Investments Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 5.8% during the third quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after purchasing an additional 2,653 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 75.4% during the 2nd quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after buying an additional 13,761 shares during the last quarter. Endowment Wealth Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 19.0% in the third quarter. Endowment Wealth Management Inc. now owns 19,976 shares of the exchange traded fund’s stock valued at $916,000 after buying an additional 3,193 shares in the last quarter. Stevens Capital Management LP grew its position in iShares MSCI Emerging Markets ETF by 10.0% in the third quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock valued at $9,207,000 after acquiring an additional 18,192 shares during the last quarter. Finally, Harvest Investment Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 1.2% in the third quarter. Harvest Investment Advisors LLC now owns 114,108 shares of the exchange traded fund’s stock valued at $5,233,000 after acquiring an additional 1,300 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.72 on Friday. The firm has a 50-day moving average price of $42.66 and a 200-day moving average price of $43.45. iShares MSCI Emerging Markets ETF has a 12 month low of $38.26 and a 12 month high of $47.44.

About iShares MSCI Emerging Markets ETF

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).