Fullcircle Wealth LLC Acquires Shares of 5,328 iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Fullcircle Wealth LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, Holdings Channel reports. The fund bought 5,328 shares of the exchange traded fund’s stock, valued at approximately $235,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after purchasing an additional 7,883,989 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in iShares MSCI Emerging Markets ETF by 4,632.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after buying an additional 3,203,501 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $67,244,000. Allstate Corp bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $58,336,000. Finally, Bank of Nova Scotia grew its holdings in shares of iShares MSCI Emerging Markets ETF by 327.0% during the 4th quarter. Bank of Nova Scotia now owns 1,501,822 shares of the exchange traded fund’s stock worth $62,806,000 after acquiring an additional 1,150,147 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.1 %

EEM opened at $44.61 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44. The stock has a market cap of $16.80 billion, a PE ratio of 13.13 and a beta of 0.63. The business has a 50 day moving average of $43.24 and a 200-day moving average of $43.32.

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).