Bluedoor Private Wealth LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 12,497 shares of the exchange traded fund’s stock, valued at approximately $684,000.
A number of other institutional investors have also modified their holdings of EEM. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. BTG Pactual Asset Management US LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares during the period. Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 2.8%
NYSEARCA EEM opened at $69.75 on Tuesday. The stock has a market cap of $30.89 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.86. The business has a 50 day moving average price of $64.90 and a two-hundred day moving average price of $60.08.
iShares MSCI Emerging Markets ETF Company 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). 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.
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
