Omnitrust Wealth Management Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 80,249 shares of the exchange traded fund’s stock, valued at approximately $4,390,000. iShares MSCI Emerging Markets ETF accounts for about 5.6% of Omnitrust Wealth Management Inc’s investment portfolio, making the stock its 8th largest position.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Asempa Wealth Advisors purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $593,000. Bradley Foster & Sargent Inc. CT grew its position in iShares MSCI Emerging Markets ETF by 59.0% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after purchasing an additional 19,432 shares during the last quarter. Kelsey Financial LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $1,038,000. Allium Financial Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 35.3% during the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock worth $5,931,000 after purchasing an additional 28,998 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of iShares MSCI Emerging Markets ETF stock opened at $64.59 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.86. The company has a market capitalization of $28.60 billion, a P/E ratio of 14.46 and a beta of 0.73. The company’s fifty day moving average is $63.60 and its two-hundred day moving average is $59.52.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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