Winthrop Partners WNY LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,037 shares of the exchange traded fund’s stock, valued at approximately $549,000.
Several other hedge funds also recently modified their holdings of the company. Hazlett Burt & Watson Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after buying an additional 169 shares during the last quarter. Cim LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.0% during the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 182 shares during the period. Nicolet Advisory Services LLC boosted its position in iShares MSCI Emerging Markets ETF by 2.9% during the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 184 shares during the last quarter. Vivaldi Capital Management LP boosted its position in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after acquiring an additional 186 shares during the last quarter. Finally, FAS Wealth Partners Inc. grew its stake in iShares MSCI Emerging Markets ETF by 7.7% in the 4th quarter. FAS Wealth Partners Inc. now owns 2,601 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 187 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
EEM stock opened at $70.79 on Friday. The stock has a market capitalization of $31.35 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The stock’s fifty day simple moving average is $65.85 and its 200-day simple moving average is $60.47. iShares MSCI Emerging Markets ETF has a 52-week low of $46.15 and a 52-week high of $70.92.
iShares MSCI Emerging Markets ETF 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.
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