First Trust Advisors LP raised its stake in Templeton Emerging Markets (NYSE:EMF) by 13.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,820 shares of the financial services provider’s stock after purchasing an additional 13,214 shares during the quarter. First Trust Advisors LP owned approximately 0.63% of Templeton Emerging Markets worth $1,645,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. BB&T Securities LLC bought a new position in Templeton Emerging Markets in the first quarter valued at approximately $191,000. Private Advisor Group LLC bought a new position in shares of Templeton Emerging Markets during the 1st quarter worth approximately $249,000. UBS Group AG boosted its stake in shares of Templeton Emerging Markets by 230.3% during the 1st quarter. UBS Group AG now owns 49,326 shares of the financial services provider’s stock worth $803,000 after acquiring an additional 34,394 shares during the period. RMB Capital Management LLC boosted its stake in shares of Templeton Emerging Markets by 136.9% during the 1st quarter. RMB Capital Management LLC now owns 59,815 shares of the financial services provider’s stock worth $974,000 after acquiring an additional 34,566 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Templeton Emerging Markets by 21.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 112,660 shares of the financial services provider’s stock worth $1,834,000 after acquiring an additional 20,252 shares during the period. Hedge funds and other institutional investors own 32.55% of the company’s stock.
Shares of NYSE EMF remained flat at $$14.02 during midday trading on Friday. The stock had a trading volume of 60,067 shares, compared to its average volume of 53,569. Templeton Emerging Markets has a one year low of $13.71 and a one year high of $18.00.
About Templeton Emerging Markets
There is no company description available for Templeton Emerging Markets Fund Inc.
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